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Exercise 14-7 Nordstrom, Inc. operates department stores in numerous Mates. Suppose selected financial statement data (in mins) for 2020 are presented below End of Year

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Exercise 14-7 Nordstrom, Inc. operates department stores in numerous Mates. Suppose selected financial statement data (in mins) for 2020 are presented below End of Year Beginning of Year Cash and cash equivalents $ 1,017 Accounts receivable (net) 2.600 2.500 Inventory 1,200 Other current assets 423 Total current assets $5,240 14,188 Total current liabilities For the year, net credit sales were $10,710 million cost of goods sold was $6,960 milion, and net cash provided by operating activities was $1,272 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 answers to decimal place Current ratio Accounts receivable turnover times Average collection period dars Inventory turnover times Days in inventory Click if you would like to show Work for this questioni One Show Work

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