Question: Data from the financial statements of Crafty Crafts and Hobbies, Inc. are presented below (in millions): Total liabilities, 2016 Total liabilities, 2015 Total assets, 2016

 Data from the financial statements of Crafty Crafts and Hobbies, Inc.

Data from the financial statements of Crafty Crafts and Hobbies, Inc. are presented below (in millions): Total liabilities, 2016 Total liabilities, 2015 Total assets, 2016 Total assets, 2015 Revenue, 2016 Net income, 2016 Crafty CraftsHobbies, Inc. $25,461 30,046 32,872 35,208 81,702 1,766 $31,957 36,104 46,186 46,514 161,466 1,040 To the nearest hundredth of a percent, what is the 2016 return on sales ratio for Crafty Crafts? Select one: A. 0.30% B. 0.64% O C. Not enough information provided D. 0.38%

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