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Huntswell Corporation has two major? divisions: Agricultural Products and Industrial Products. It provides the following information for the year. Agriculture Division Industrial Division Net sales
Huntswell Corporation has two major? divisions: Agricultural Products and Industrial Products. It provides the following information for the year.
Agriculture Division | Industrial Division | ||
Net sales | $ 150 comma 000$150,000 | $ 1 comma 750 comma 000$1,750,000 | |
Operating income | $ 18 comma 000$18,000 | $ 235 comma 000$235,000 | |
Average assets | $ 330 comma 000$330,000 | $ 5 comma 500 comma 000$5,500,000 |
Calculate the profit margin for the Industrial Division of the company.? (Round your answer to two decimal? places.)
A.
5.455.45?%
B.
13.4313.43?%
C.
12.0012.00?%
D.
4.274.27?%
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