Let's suppose that each of the four firms takes a different strategy to improve performance. Which of the following would increase their ROA?

A$.$

McDonalds decdes to reduce the amount that they spend on television advertising.

B$.$

Wendy's uses $$20,000$ of their cash to buy $$20,000$ worth of inventory.

C$.$

Jack in the box decides to increase their food quality and increases COGS by $3\%$

D$.$

Chipotle issues more stock and uses the proceeds to pay off some long term debt.

E$.$

All of the above activities would improve ROA