Use this information for Flyer Company to answer the question that follows:

Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer's management desires a 12.5% profit margin on sales. Its current full cost for the product is $44 per unit.

If the company cannot cut costs any lower than they already are, what would the profit margin on sales be to meet the market selling price?

A. 8.3%

B. 9.3%

C. 7.3%

D.10.3%