Current Attempt in Progress Staples, Inc. is one of the largest suppliers of...

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Accounting

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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 $745.20 million and sales of $24,840.0 million in 2022. Its total assets were $14,000 million at the beginning of the year and $13,000 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, eg.1.25 and profit margin to 1 decimal place, e.g.2.5%.)
(a) Asset turnover times
(b) Profit margin %
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