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*Exercise 9-7 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are presented below. End of Year

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*Exercise 9-7 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are presented below. End of Year $ 795 2,035 Beginning of Year $ 72 1,942 Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets 898 900 303 326 $4,054 $3,217 $1,601 Total current liabilities $2,014 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 current ratio to 2 decimal places, e.g. 1.82 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio Accounts receivable turnover times Average collection period days Inventory turnover times Days in inventory days Question Altamnten of usad

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