第八题卡bug了

问题如下：

Q. 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.