Martha's Sweet Shop Reduced Its Fixed Assets This Year Without

Multiple Choice

Martha's Sweet Shop reduced its fixed assets this year without affecting the shop's operations,sales,or equity.This reduction will increase which of the following ratios?
I.Capital intensity ratio
II.Return on assets
III.Total asset turnover
IV.Return on equity

A) I and II only
B) II and III only
C) II, III, and IV only
D) I, II, and IV only
E) I, II, III, and IV