单项选择题Premier Corp. ’ s year-end last in, first out (LIFO) reserve was $ 2500000 in 2000 and $ 2300000 in 2001. Premier’ s $ 200000 decline in the LIFO reserve could be explained by each of the following EXCEPT:()
A. declining inventory prices. B. a LIFO liquidation occurred. C. the LIFO reserve was being amortized.
单项选择题Which of the following statements about the financial statement effects of issuing bonds is least likely correct()
A. Issuance of debt has no effect on cash flow from operations. B. Periodic interest payments have no effect on cash flow from financing. C. Payment of debt at maturity decreases cash flow from operations by the face value of the debt.