Exercise 14-5 Nordstrom, Inc. operates department stores in numerous states. Selected financial statement data for the year ending January 30, 2010, are shown below Nordstrom, Inc. Balance Sheet (partial) End-of-Year $ 795 2,035 898 in millions Beginning-of-Year Cash and cash equivalents Accounts receivable (net) Merchandise inventory Prepaid expenses Other current assets Total current assets Total current liabilities $ 72 1,942 900 93 210 $3,217 $1,601 238 $4,054 $2,014 For the year, net sales were $8,258 and cost of goods sold was $5,328 (in millions). Compute the four liquidity ratios at the end of the year. (Round all answers to 1 decimal place, e.g. 1.6.) Current ratio Acid-test ratio Accounts receivable turnover 1 1 times Inventory turnover times Click if you would like to Show Work for this question: Open Show Work