36)Given the following information for the December 20X1 payroll payable on January 15, 20X2:

Gross salary $1000

Employee FICA tax 75

Federal income tax withholding 170

State income tax withholding 80

Net pay $675

Employer FICA tax $75

Employer federal and state unemployment taxes 38

The amount to be debited to Salaries Expense for the December, 20X1, payroll is

1.$675

2.$788

3.$1113

4.$1675

5.none of these

37)if gross margin of $35,000 is 28% of net sales revenues,then net sales revenues must be

1.$9800

2.$25,200

3.$100,000

4.$125,000

5.none of these

38)if a company's per unit cost of inventory purchases increased during the year,yet the cost of goods sold as a % of sales revenues was lower than the prior year,then for the current year

1.gross margin as a % of sales revenues must have decreased

2.sales price per unit must have increased

3.sales volume must have increased

4.sales price per unit must have increased and sales volume must have increased

43)if a company improves their timely collection of accounts receivables reducing the average period of time receivables are outstanding,then receivables turnover has

1.increased

2.decreased

3.remain unchanged

4.the answer cannot be determined from information provided