Which of the following ratios would not be positively affected by a change from LIFO to FIFO, assuming that prices are rising?
A) Current ratio
B) Debt to equity ratio
C) Times interest earned
D) Quick ratio

Question

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The Answer of Which of the following ratios would not be positively affected by a change from LIFO to FIFO, assuming that prices are rising?
A) Current ratio
B) Debt to equity ratio
C) Times interest earned
D) Quick ratio

Which of the Following Ratios Would Not Be Positively Affected