In quest 16 (pg 278) in Scheweser concept checker, the correct answer is B. But isnt A and B the same thing. The the analyst made adjustment, he adjusted the LIFO inventory to FIFO inventory and then calculated the inventory turnover = 2.08? which is same as answer B?
What it means is that statement were given in LIFO only and he added FIFO column. 2.08 is based on FIFO GOGS and FIFO Inventory so it’s not the same as B.