问题
单项选择题
During periods of rising prices : ()
A. LIFO Gross Profit Margin > FIFO Gross Profit Margin.
B. LIFO Current ratio > FIFO Current Ratio.
C. LIFO Debt to Equity Ratio > FIFO Debt to Equity Ratio.
答案
参考答案:C
解析:
FIFO inventory, and therefore FIFO assets and equity, will be higher by the LIFO reserve.