Kapie

When your FC is appreciating …
Sales/Assets:  Sales (both at average) devided by assets at current (all current) which is lower than aver./historical at which inventory and fixed are converted ( when using temporal) = smaller denominator what we have now
Sales/receivables: sales at average, receivableas at current in both cases…aren’t they?
Current assets/liabilities: All current uses  current, if temporal then inventory at average (higher value)= temporal CA is higher while CL is the same (at current rate)= CR must be lower…