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What is staples inc asset turnover and profit margin

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Reference no: EM132950964

Problem - Staples, Inc. is one of the largest suppliers of office products in the United States. Suppose it had net income of $701.25 million and sales of $23,375.0 million in 2022. Its total assets were $13,000 million at the beginning of the year and $12,000 million at the end of the year. What is Staples, Inc's (a) asset turnover and (b) profit margin?

Reference no: EM132950964

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