Answer
$\frac{10}{7}$
Work Step by Step
We can write the ratio 500 dollars to 350 dollars as the fraction $\frac{500dollars}{350dollars}$.
Since both the denominator and numerator have the same unit, we can divide out the common unit.
$\frac{500}{350}=\frac{500\div50}{350\div50}=\frac{10}{7}$