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

Outdoor Gear reduced its general and administrative costs this year. This cost improvement will increase  

Outdoor 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 Multiple Choice O I and II only I and Ill only II, III, and IV only 1,I1, and IV only Saved I, II, III, and IV

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