单项选择题 In an oligopoly market, the demand curve for a manufacturer is approximate horizontal. This situation is most relevant to which of the following models?

单项选择题 Selected information from Hometown, Inc.抯 financial statements for the year ended December 31, 2001 included the following (in $):Cash 370,000 Accounts Payable 915,000Accounts Receivable 820,000 L.T. Deferred Tax Liability 640,000Inventory 1,050,000 Long-term Debt 2,220,000Property, Plant & Eq. (net) 3,200,000 Common Stock 1,000,000Total Assets 5,440,000 Retained Earnings 665,000Total Liabilities and Equity 5,440,000LIFO Reserve at January 1 325,000LIFO Reserve at December 31 500,000Income Tax Rate (percent) 40Hometown used the last in, first out (LIFO) inventory cost flow assumption. If Hometown changed from LIFO to first in, first out (FIFO) in 2001, Hometown 抯 current ratio would:A.increase from 2.45 to 2.63.B.be unchanged.C.increase from 2.45 to 2.99.D.increase from 2.45 to 2.80.

单项选择题 Which of the following statements are TRUE?