8. Based on the following data, what is the current ratio (rounded to one decimal place)?

Accounts payable	$31,000
Accounts receivable	58,000
Accrued liabilities	4,500
Cash	58,000
Intangible assets	48,000
Inventory	71,000
Long-term investments	81,000
Long-term liabilities	101,000
Marketable securities	48,000
Fixed assets	675,000
Prepaid expenses	1,200

a.6.5

b.1.9

c.4.6

d.6.7

13. The following totals for the month of April were taken from the payroll register of Durbin Company:

Salaries	$12,200
Social security and Medicare taxes withheld	570
Employees federal income taxes withheld	2,650
Medical insurance deductions	470
Federal unemployment taxes	35
State unemployment taxes	231

The journal entry for the payroll tax expense on April 30 would include a

a.debit to Salaries Payable for $8,244.

b.credit to Salaries Payable for $8,510.

c.debit to FICA Taxes Payable for $570.

d.debit to Payroll Tax Expense for $836.