NO.PZ2017102901000038
问题如下：
During periods of rising inventory unit costs, a company using the FIFO method rather than the LIFO method will report a lower:
选项：
A.current ratio.
B.inventory turnover.
C.gross profit margin.
解释：
B is correct.
During a period of rising inventory costs, a company using the FIFO method will allocate a lower amount to cost of goods sold and a higher amount to ending inventory as compared with the LIFO method. The inventory turnover ratio is the ratio of cost of sales to ending inventory. A company using the FIFO method will produce a lower inventory turnover ratio as compared with the LIFO method. The current ratio (current assets/current liabilities) and the gross profit margin [gross profit/sales = (sales less cost of goods sold)/sales] will be higher under the FIFO method than under the LIFO method in periods of rising inventory unit costs.
A里面包括INVENTORY嘛
