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The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current

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The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $290,000 Management's target rate of return is 10% and the weighted average cost of capital is 9% What is the Top Hat Division's sales margin? O A. 280.00% OB. 6.90% O c. 20.00% OD. 56.00%

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