Cabell Products is a division of a major corporation. Last year the division had total sales of $18,690,000, net operating income of $934,500, and average operating assets of $5,233,200. The company's minimum required rate of return is 20%.

The division's margin is closest to:

Multiple Choice

• 17.9%

• 5.0%

• 28.0%

• 25.0%