The revenue for Russell's cafe in 2017 is 1.28 times greater than that in 2016.
Given,
revenue for Russell's cafe in 2016 = $137700
revenue for Russell's cafe in 2017 = $176300
We must determine the ratio of Russell's cafe's 2017 revenue to that of 2016 in order to determine how many times the business's 2017 revenue is higher than its 2016 revenue. The ratio is calculated by dividing 2017 revenue by 2016 revenue.
= revenue in 2017
revenue in 2016
=[tex]\frac{176300}{137700}[/tex]
=1.28
Revenue in 2017: Revenue in 2016 = 1.28: 1
The revenue for Russell's cafe in 2017 is 1.28 times greater than that in 2016.
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