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The Rockford Racket Company collected the following information on its business segments: Racket Division Sportswear Division Operating Income $82,000 $56,000 Invested Assets $145,000 $110,000 Sales

The Rockford Racket Company collected the following information on its business segments: Racket Division Sportswear Division Operating Income $82,000 $56,000 Invested Assets $145,000 $110,000 Sales $120,000 $80,000 Which division had a higher profit margin and what was its profit margin? a.) Rackets had the higher profit margin at 68% b.) Rackets had the higher profit margin of 146% c.) Sportswear had the higher profit margin at 143% d.) Sportswear had the higher profit margin at 70%

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