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Which of the following would result in a higher profit margin, all else the same? I. An increase in cost of goods sold. II. A

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Which of the following would result in a higher profit margin, all else the same? I. An increase in cost of goods sold. II. A higher corporate tax rate. III. A decrease in interest expense. O O O O O Tonly. II only. III only. I and III only. II and III only

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