Which of the Following Ratios Increases When a Company Switches

question 78

Multiple Choice

Which of the following ratios increases when a company switches from FIFO to LIFO during a period of increasing prices?

• A)Current
• B)Inventory turnover
• C)Profit margin
• D)Debt-to-equity

---

Definitions:

Reproductively Superior

Having genetic or physiological attributes that enhance an organism's ability to reproduce and pass on genes to the next generation.

Multicellular

Consisting of more than one cell, characteristic of most living organisms excluding bacteria and certain algae.

Seed Coat

The protective outer layer of a seed that encloses its embryo and nutrient stores.

Dioecious

Referring to a plant species having male and female reproductive structures on separate individuals.