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Selected financial data for The Portland Porcelain Works Coffee Mug Division is as follows: Sales $1,100,000 Operating income $385,000 Total assets $1,000,000 Current liabilities $110,000

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Selected financial data for The Portland Porcelain Works Coffee Mug Division is as follows: Sales $1,100,000 Operating income $385,000 Total assets $1,000,000 Current liabilities $110,000 Target rate of return 15% Weighted average cost of capital 8% What is The Portland Porcelain Works Coffee Mug Division sales margin? O A. 10.00% O B. 35.00% O C. 110.00% OD. 38.50%

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