NO.PZ2023081403000064
问题如下：
Q. A write-down of the value of inventory to its net realizable value will have a positive effect on the:选项：
A.balance sheet.
B.income statement.
C.inventory turnover ratio.
解释：
C is correct. Activity ratios (e.g., inventory turnover and total asset turnover) will be positively affected by a write-down to net realizable value because the asset base (denominator) is reduced. On the balance sheet, the inventory carrying amount is written down to its net realizable value and the loss in value (expense) is generally reflected on the income statement in the cost of goods sold, thus reducing gross profit, operating profit, and net income.
可以解释一下吗。。。
