问题
单项选择题
Which of the following statements about a company that capitalizes significant costs this year is least likely correct Compared with expensing, a company that capitalized these costs would:（）
A. show smoother reported income and lower return on assets in future years.
B. have higher cash flow from operations and lower cash flow from investing.
C. have lower profitability ratios this year and higher cash flows from operations.
答案
参考答案：C
解析：
In the initial year capitalizing costs increases profitability, both in absolute terms and relative to assets and sales.