An analyst does research about the ratio impact between LIFO inventory method and FIFO inventory method. Compared with the company using the FIFO inventory method during a period of rising prices and stable inventory quantities, the use of LIFO by that company will most likely result in: —

单选题 编号：2691444

1. An analyst does research about the ratio impact between LIFO inventory method and FIFO inventory method. Compared with the company using the FIFO inventory method during a period of rising prices and stable inventory quantities, the use of LIFO by that company will most likely result in:

A.A higher inventory turnover ratio
B.A lower cost of goods sold
C.A lower probability of violating debt covenants related to minimum working capital

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