Exercise 13-07 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in Millions) for 2020 are presented below End of Year Beginning of Year Cash and cash equivalents $ 740 $ 79 Accounts receivable (net) 2,080 1,900 Inventory 360 890 Other current assets 650 371 Total current assets $4,330 $3,240 Total current liabilities $2,010 For the year net credit sales were 18,258 million cost of goods sold was $5,320 million, and throvided with me Compute the current ratio, accounts receivable turnover, average collection period, inventory tumover and days in inventory the end of the current yeu (Round current ratio tefecimal places, c.9. 1.83 and all other answers to I decimal place, e.. 1.6. ise 365 days for calculation) Current ratio 2.15 11 Accounts receivable turnover 3650 times Average collection period 3950 days Inventory turnover times Days in inventory day's