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

question 120

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 debt ratio is:

• A)0.44.
• B)2.26.
• C)0.53.
• D)0.29.

---

Definitions:

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in harm.

Defamatory Statement

A false communication that harms another person's reputation, leading to legal liability.

Tort

A civil wrong that causes someone else to suffer loss or harm, resulting in legal liability for the person who commits the tortious act.

Public Figures

Individuals who are in the public eye, often due to their professions or activities, and as a result, they have a reduced expectation of privacy in aspects related to their public roles.