Given what you know about the differences in conservatism between the US and UK, which of the following statements is most accurate?
a. return on equity and the debt/equity ratio would usually be lower under UK GAAP than it would be under US GAAP
b. return on equity would usually be higher and the debt/equity ratio lower under UK GAAP than under US GAAP
c. return on equity would usually be lower and the debt/equity ratio higher under UK GAAP than under US GAAP
d. return on equity and the debt/equity ratio would usually be higher under UK GAAP than under US GAAP