Nordstrom, Inc., operates department stores in numerous states. Selected finan-cial statement data (in millions) for a recent year are presented here:

For the year, net sales were \(\$ 3,894\), cost of goods sold was \(\$ 2,600\), and cash from oper-ations was \(\$ 215\).

Instructions Compute the current ratio, acid-test ratio, current cash debt coverage ratio, receivablesturnover ratio, average collection period, inventory turnover ratio, and average days ininventory at the end of the current year.

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Cash and cash equivalents Receivables (net) Merchandise inventory Prepaid expenses Total current assets End of Year Beginning of Year $ 33 676 628 61 $1,398 $ 91 586 586 52 $1,315 Total current liabilities $ 690 $ 627