Question: Dollarama is the leading dollar store operator in Canada with
Dollarama is the leading dollar store operator in Canada with over 800 locations in all provinces. In a recent year, the company reported average inventories of $ 287.6 million and an inventory turnover ratio of 3.49. Average total fixed assets were $ 162.5 million, and the fixed asset turnover ratio was 9.86. Determine the gross profit for Dollarama.
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