Bradford Company had $700,000 in sales for the year.The total assets at the beginning of the year were $240,000 and total assets at the end of the year were $280,000.The ratio of sales to total assets is round answer to 2 decimal places

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Sales to total assets ratio = Sales / Average total assetsAverage total assets = (Beginning total assets + Ending total assets) / 2= ($240,000 + $280,000) / 2= $260,000Sales to total assets ratio = $700,000 / $260,000= 2.69230769231= 2.69 (rounded to 2 decimal places)

Bradford Company Had $700,000 in Sales for the Year