Which of the following announcements would NOT usually result in an increase in return on invested capital within an analyst's forecasts?

Responses

A company plans to renegotiate with suppliers to extend payment terms

A company plans to renegotiate with suppliers to extend payment terms

A company seeks to optimize its capital structure by engaging in a debt$-$funded share buyback program

A company seeks to optimize its capital structure by engaging in a debt$-$funded share buyback program

A company reduces capex investment as it believes that it can increase capacity using its existing asset base

A company reduces capex investment as it believes that it can increase capacity using its existing asset base

A company focuses its product portfolio on higher margin products with no major changes to its asset base