q42

Pound General Corporation oporates general merchandise stores that feature quality merchandise af low prices, All stores are located in the United States, prodominantly in small towns in midwestern and southeastern statef. In a recent yeot, the company reported average inventories of $1,506 minion and an inventory turnover ratio of 6,0 . Average total fixed assets were $1,235 million, and the fixed asset turnover ratio was 9.0. Whot ambunt did Pound Generai report as gross proft in the current year? Note: Round your intermediate calculations to the nearest million. Answer is complete but not entirely correct