This question: $10$ point$($s$)$ possible

Assume the Hiking Shoes division of the Simply Shoes Company had the following results last year $($in thousands$).$ Management's target rate of return is $30\%.$ Its effective tax rate is $35\%.$

Sales

Operating income

Total assets

$$8,000,000$

$3,600,000$

$3,500,000$

$830,000$

Current liabilities

What is the division's sales margin?

A$.24\%$

B$.2\mathrm{.}29\%$

C$.103\%$

D$.45\%$