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Current Attempt in Progress Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of
Current Attempt in Progress Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $600 million and sales of $22,000 million in 2022. Its total assets were $12,500 million at the beginning of the year and $13,650 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, eg. 1.25.) (a) Asset turnover times (b) Profit margin % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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