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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 $830.0 million and net
Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $830.0 million and net sales of $24,300.0 million in 2025 . Its total assets were $14,600 million at the beginning of the year and $15,750 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. 1.2\%.) (a) Asset turnover (b) Profit margin times %
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