Reference no: EM13479909

Dollar General Corporation operates general merchandise stores that feature quality merchandise at low prices to meet the needs of middle-, low-, and fixed-income families. All stores are located in the United States, predominantly in small towns in 24 midwestern and southeastern states. In a recent year, the company reported average inventories of $1,456,414,000 and an inventory turnover ratio of 4.6. Average total fixed assets were $1,218,874,000, and the fixed asset turnover ratio was 7.5. Determine the gross profit for Dollar General.