Exercise 2-9 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in milions of dollars) for a recent year follows. End of Year Beginning of Year Cash and cash equivalents 65 322 Receivables (net) 1,748 1,609 Merchandise inventory 860 current assets 233 Total current assets $3,024 $2,896 $1,640 Total current liabilities $1,604 Compute capital and the current ratio at the beginning of the year and at the end of the year (Round current ratio to 2 decimalPlaces, working e.g. 15.25.) End of Year Beginning of Year Working capital Current ratio VIDEon SIMILAR EXERCISE LINK TO TEXT Did Nordstrom's liquidity improve or worsen during the year? Version 4.22 J-5 Reserved. A