Staples, Inc. is one of the largest suppliers of office products in the United States....
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Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $610.2 million and sales of $22,738.0 million in 2022. Its total assets were $13,100.6 million at the beginning of the year and $13,650.0 million at the end of the year. What is Staples, Inc.'s (a) asset turnover and (b) profit margin? (Round asset turnover to 2 decimal places, e.g. 1.25 and profit margin to 1 decimal place, e.g. 2.5%.) (a) (b) Asset turnover Profit margin times %
Staples, Inc, is one of the largest suppliers of office products in the United States. Suppose it had net income of $610.2million and sales of $22,738.0 million in 2022 . Its total assets were $13,100.6 million at the beginning of the year and $13,650.0 million at the end of the year. What is Staples, Inc's (a) asset turnover and (b) profit margin? (Round asset turnover to 2 decimal places, eg. 1.25 and profit margin to 1 decimal place, es. 2.5% ) (a) Asset turnover times (b) Profitmargin %
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