ABC Company has established a target rate of return of 15% for all of its divisions. In 20x4, Division A generated sales of $12,000,000 andexpenses of $9,500,000. Total assets at the beginning of the year were $4,000,000 and total assets at the end of the year were $6,000,000. For 20x4 what was division A's return on invesment?

A) 42% B) 11% C) 33% D) 50%