单选题 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.
【正确答案】 C
【答案解析】FIFO inventory, and therefore FIFO assets and equity, will be higher by the LIFO reserve.