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Exercise 18-07 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2020 are presented below End of Year

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Exercise 18-07 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 $795 $72 Accounts receivable (net) 2.035 1,942 Inventory Other current assets Total current assets $4,054 Total current abilities 326 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 answers to 1 decimal place, Current ratio Accounts receivable turnover times Average collection period days Inventory turnover Days in inventory LINK TO TOT Question Antents of

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