Question: he following financial statement data for years ending December 31 for Foodworks Company are shown below. 2016 2015 Sales $1,039,500 $836,000 Total assets: Beginning of

he following financial statement data for years ending December 31 for Foodworks Company are shown below.

2016 2015
Sales $1,039,500 $836,000
Total assets:
Beginning of year 430,000 330,000
End of year 560,000 430,000

a. Determine the ratio of sales to assets for 2016 and 2015. Round your answers to one decimal place.

2016 2015
Ratio of sales to assets

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