问题
单项选择题
A company that capitalizes costs instead of expensing costs would have :（）
A. higher income variability and higher cash flows from operations.
B. lower cash flows from investing and lower income variability.
C. lower cash flows from operations and higher profitability in early years.
答案
参考答案：B
解析：
Capitalizing costs tends to smooth earnings and reduces investment cash flows. It will also increase cash flows from operations and increase profitability in the early years.