In a period of rising prices, when compared to a company that uses weighted average cost for inventory, a company using FIFO will most likely report higher values for its: A.return on sales. B.debt-to-equity ratio. C.inventory turnover.
A.return B. B.debt-to-equity C. C.inventory
【参考答案】
Ans:A. In periods of rising prices FIFO results in a hig......