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An increase in which of the following will increase the return on equity, all else constant? I. sales II. net income III. Depreciation IV. total

An increase in which of the following will increase the return on equity, all else constant? I. sales II. net income III. Depreciation IV. total equity.

Select one:

a.

I, II, and III only

b.

I only

c.

II and III only

d.

I and II only

e.

II and IV only

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