Maridell’s Fashions has a debt that has been properly reported as a long-term liability up to the present year (2018). Some of this debt comes due in 2018. If Maridell’s Fashions continues to report the current position as a long-term liability, the effect will be to

a. Understate the debt ratio.

b. Understate total liabilities.

c. Overstate the current ratio.

d. Overstate net income.