Return on Assets Cannot Fall Under Which of the Following

Multiple Choice

Return on assets cannot fall under which of the following circumstances?
$\begin{array} { l l } &\underline{\text { Net Profit Margin} } &\underline{ \text { Tatal Asset Tunover} } \\\text { I.}&\text { decline } & \text { rise } \\\text {II.} &\text { rise } & \text { decline } \\\text { III.}&\text { rise } & \text { rise } \\\text { IV.}&\text { decline } & \text { decline }\end{array}$

A) I
B) II
C) III
D) IV
E) The ratio could fall under all of the answers.