Kurtz Logistics provides the following information:

Operating income	$1,600,000
Net sales	$14,000,000
Average total assets	$1,950,000
Management's target rate of return	20%

What is the company's profit margin ratio? (Round your answer to one decimal place.)

A.

82.1%

B.

11.4%

C.

13.9%

D.

1.1%