Hello,
In case you need clock configuration for a Freescale target board you can use a board support project that is configured according to available devices on the board including clock sources (e.g. crystal oscillator). When you create a new project select the board support. For example the FRDM-KL25Z target board, see below:

The new project contain 5 clock configuration and there is selected clockMan1_InitConfig4 by default (24MHz bus clock, 48MHz core clock; PLL Engaged External (PEE) mode of MCG).

When you add the fsl_uart component you will be able to select the 115200 baudrate (24MHz / 208 = 115384 baud). See the attached project.
Best regards,
Marek Neuzil