During deflation and decreasing inventory
题型：单项选择题
问题：
During deflation and decreasing inventory quantities, a company using last-in first-out (LIFO) rather than first-in first-out (FIFO). What is the effect on inventory turnover and net profit mar-gin Inventory Turnover Net Profit Margin ①A. higher lower ②B. higher higher ③C. lower higher
A．
| A.① |
B．
| B. ② |
C．
| C.③ |