The Following Data Represent Selected Information from the Comparative Income

question 109

Multiple Choice

The following data represent selected information from the comparative income statement and balance sheet for Hot Rolled Corporation for the years ended December 31,2017 and 2016: •10,000 shares of common shares have been issued and outstanding since the company was established.They had a market value of $90 per share on December 31,2016,and they were selling for $91.50 on December 31,2017.
Refer to the table above.The debt ratio for Hot Rolled Corporation on December 31,2017,was:

• A) 87
• B) 1.82
• C) 0.55
• D) 0.54

---

Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals or the ego to protect against anxiety arising from unacceptable thoughts or feelings.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

White Americans

Individuals residing in the United States who identify as having European, Middle Eastern, or North African ancestry.

Social Contagion Effect

The phenomenon wherein attitudes, behaviors, or emotions spread through a group or community, often via social networks.