Staples, Inc. is one of the largest suppliers
of office products in the United States. Suppose it had net income
of $764.2 million and sales of $26,350 million in 2020. Its total
assets were $15,000 million at the beginning of the year and
$16,000 million at the end of the year.
(a1) What is Staples, Inc.’s asset turnover and
profit margin? (Round answers to 2 decimal places, e.g.
15.25 or 15.25%.)
Asset turnover | times | |
Profit margin | % |
Thank You
If You have any queries please comment
Get Answers For Free
Most questions answered within 1 hours.