Company$$ A$,$ the$$ number$-$two auto insurer with $$$ billion in revenue last$$ year, spent $$$ billion on advertising that year and plans to continue spending the same percentage of sales on advertising next year. The average$$ advertising$-$to$-$sales ratio for the insurance industry is percent of sales. If Company A projects $$$ billion in sales next$$ year, using the$$ percentage$-$of$-$sales method of advertising$$ budgeting, how much will the company budget for advertising if basing it on projected$$ sales?

Part $2$

The$$ advertising$-$to$-$sales ratio for the last year is

$$

enter your response here. $($Round to four decimal$$ places.$)$