[单选题]

An analyst has tested LIFO and FIFO inventory method's impact to a company's ratio and gathered the following information about FYK Manufacturing Corporation ($ million):

Using the FIFO inventory method compared with LIFO, would FYK Manufacturing Corporation's 2009 gross profit margin and current ratio, respectively?
Gross profit margin using FIFO   Current ratio using FIFO

A.Higher            Lower

B.Lower            Higher

C.Higher            Higher

参考答案与解析:

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