Sweet Candies 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

Group of answer choices

I and II only

II and III only

II$,$ III, and IV only

I, II$,$ and IV only

I, II$,$ III, and IV