Company A is identical to Company B in every regard except that Company A uses FIFO and Company B uses LIFO. In an extended period of rising inventory costs, Company A's gross profit and inventory turnover ratio, compared to Company B's, would be:

	Gross Profit		Inventory Turnover
a.	lower		lower
b.	higher		higher
c.	higher		lower
d.	lower		higher

A. Option A

B. Option B

C. Option C

D. Option D