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answer Staples, Inc, is one of the largest suppliers of office products in the United States. Suppose it had net income of $670millionandsales: of $22,700
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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 $670millionandsales: of $22,700 million in 2022 . Its total assets were $12,900 million at the beginning of the year and $14,050 million at the end of the year. What is Staples, Inc.'s (a) asset turnover and (b) profit margin? (Round answers to 2 decimal places, es. 1.25.) (a) Asset turnover times (b) Profit margin % Step by Step Solution
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