Happy Toys, Inc., has two divisions. Play Division has a profit of $500,000 on sales of $4,800,000. Books Division is able to make only $20,400 on sales of $400,000. (4 points)

a)Compute the profit margins (return on sales) for each division. (Input your answers as a percent rounded to 2 decimal places.)

b)Based solely on the profit margins (returns on sales), which division is superior?