Table 4-3
Selected Accounting Data for the Mariot Services Follows

question 57

Multiple Choice

Table 4-3
Selected accounting data for the Mariot Services follows: $$\begin{array} { | l | r | } \hline \text { Current assets } & \$ 59,000 \\\hline \text { Current liabilities } & 20,000 \\\hline \text { Long-term assets } & 70,000 \\\hline \text { Long-term liabilities } & 37,000 \\\hline \text { Total revenues } & 25,000 \\\hline \text { Total expenses } & 22,000 \\\hline\end{array}$$
-Referring to Table 4-3, the current ratio is:

• A)1.13.
• B)2.95.
• C)2.26.
• D)0.34.

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Definitions:

Mechanical Drum Switch

a type of switch that rotates around a drum to change electrical contacts, used for controlling motors or other devices.

Shift Registers

Digital circuits that are used to store and shift data bits sequentially, commonly used in digital communication and data processing for temporary data storage and manipulation.

Bit Shift Register

A sequence of flip-flops set up in a linear fashion where the output of one flip-flop is connected to the input of the next flip-flop, used for serial to parallel conversion or vice versa.

Status Data

Information that reflects the current state or condition of a system, device, or process, often used for monitoring and control.