Given the following information: Hasbro, Inc. Income Statements (amounts in millions)

For the Year Ended December 31	Year 11	Year 10	Year 9
Sales	$2,856	$3,787	$4,232
Cost of Goods Sold	-1,223	-1,642	-1,651
Selling and Administrative Expenses:
Advertising	-291	-453	-457
Research and Development and Royalties	-126	-209	-255
Other Selling and Administrative	-1,016	-1,486	-1,462
Interest Expense	-104	-114	-69
Income Tax Expense	-34	43	-107
Net Income	$62	-$74	$231

the gross profit margin for Hasbro equals

• A.

  2.2%

• B.

  3.4%

• C.

  42.8%

• D.

  57.2%