Answer:
For Year 2 and Year 1 the revenue to assets ratio is:
a. Year 2, 9.52; Year 1, 6.90
Explanation:
Year 2 Sales were equivalent to:-
= 5,000,000 / (450,000 + 650,000) / 2 ]
= 9.52
Year 1 Sales were equals to:-
= 3,500,000 / [(565,000 + 450,000) / 2 ]
= 6,90