During the month of February, Hoffer Company had cash receipts of $7,800 and cash disbursements of $8,950. The February 28 cash balance was $1,900. What was the January 31 beginning cash balance? Multiple Choice O $3,050 $1,150 O $0 $750 O $4,200 The following transactions occurred during July: a. Received $1,300 cash for services provided to a customer during July. b. Received $2,600 cash investment from Barbara Hanson, the owner of the business. c. Received $950 from a customer in partial payment of his account receivable, which arose from sales in June. d. Provided services to a customer on credit, $575. e. Signed a promissory note for a $7,600 bank loan. f. Received $1,450 cash from a customer for services to be rendered next year. What was the amount of revenue for July? Multiple Choice O $13,900 O $4,275 O $1,875 $3,325 O $1,300 Stride Rite has total assets of $555 million. Its total liabilities are $175 million. Its equity is $380 million. Calculate the debt ratio. Multiple Choice O 46.05% 14.61% O 31.5% O 68.47% O 15.6% On April 30, Holden Company had an Accounts Receivable balance of $22,200. During the month of May, total credits to Accounts Receivable were $62,500 from customer payments. The May 31 Accounts Receivable balance was $16,150. What was the amount of credit sales during May? Multiple Choice O $62,500 O $56,450 $68,550 $38,350 O $6,050