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 Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities $ 1,289 3,600 1,600 571 $ 126 3,400 1,600 531 $5,657 $7,060 $3,530 $2,802 For the year, net credit sales were $14,350 million, cost of goods sold was $9,280 million, and net cash provided by operating activities was $1,268 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, e.g. 1.6.) Current ratio 2 :1 Accounts receivable turnover times Average collection period days Inventory turnover times Days in inventory days