Verbal – Critical Reasoning / Short Reading)Assumption – cost-cutting planA CEO argues:“If we reduce travel and entertainment expenses by 30%, our profit margin will increase.”Which assumption is most necessary for the CEO’s argument to hold?

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Verbal – Critical Reasoning / Short Reading)Assumption – cost-cutting plan<br>A CEO argues:<br>“If we reduce travel and entertainment expenses by 30%, our profit margin will increase.”<br>Which assumption is most necessary for the CEO’s argument to hold?