Exercise 13-7 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2019 are presented below End of Year 800 2,050 900 210 $3,960 $2,100 Beginning of Year Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities $ 65 1,870 860 355 $3,150 $1,620 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 Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover and days in inventory at the end of the current year. (Round current ratio to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory times days times days