Answer: 2.5
Explanation: The asset turnover ratio is used by the analyst to measure the ability of the company to generate revenue from the given level of assets.
It has its own significance as it can be a good indicator of company's efficiency.
It can be calculated using following formula :-
[tex]asset\:turnover=\frac{net\:sales}{average\:total\:assets}[/tex]
[tex]asset\:turnover=\frac{\$175million}{\$70million}[/tex]
= 2.5
