Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2025 are presented below.

For the year, net credit sales were $8,258 million, cost of goods sold was $5,328 million, and net cash provided by operating activities was $1,251 million.

InstructionsCompute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory for the current year.

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Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities End of Year $ 795 2,035 898 326 $4,054 $2,014 Beginning of Year $ 72 1,942 900 303 $3,217 $1,601