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AA Gear reduced its general and administrative costs this year. This cost improvement will increase which of the following ratios? 1. Profit margin II. Return

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AA Gear reduced its general and administrative costs this year. This cost improvement will increase which of the following ratios? 1. Profit margin II. Return on assets III. Total asset turnover IV. Return on equity I and Ill only O II, III, and IV only land Il only I, II, and IV only

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