Question: Using the data, compute total assets and total expenses. Staples, Inc. ($ millions) Amount Classification Sales $21,059 Accumulated depreciation 4,375 Depreciation expense 388 Retained earnings

Using the data, compute total assets and total expenses.

Staples, Inc. ($ millions) Amount Classification Sales $21,059 Accumulated depreciation 4,375 Depreciation expense 388 Retained earnings 6,900 Net income 379 Property, plant & equipment, net 1,586 Selling, general and admin expense 4,600 Accounts receivable 1,899 Total liabilities 4,788 Stockholders' equity 5,384

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