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E14.7 (LO 3), AP Nordstrom, Inc. operates department stores in numerous states. Suppose selected Compute financial statement data (in millions) for 2020 are presented below.

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E14.7 (LO 3), AP Nordstrom, Inc. operates department stores in numerous states. Suppose selected Compute financial statement data (in millions) for 2020 are presented below. End of Year S 795 2,035 898 326 $4,054 Beginning of Year Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets $ 72 1,942 900 303 $3,217 Total current liabilities $2,014 $1,601 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. Instructions Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory at the end of the current year

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