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MENT RESOURCES O2 Homework tem blem 2-6 Exercise 2-9 Nordstrom, Inc. operates department stores in numerous states. Surpose selected financial statement data (in millions of

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MENT RESOURCES O2 Homework tem blem 2-6 Exercise 2-9 Nordstrom, Inc. operates department stores in numerous states. Surpose selected financial statement data (in millions of dollars) for a recent year follows End of Year Beginning of Year Cash and cash equivalents $ 53 $ 265 Receivables (net) 1,437 1,123 Merchandise inventory Other current assets Total current assets $2.000 $2.487 Total current liabilities $1.576 $1,610 w Score w Results by Study 152 Compute working capital and the current ratio at the beginning of the year and at the end of the year. (Round current ratio te 2 decimal places, End of Year Beginning of Year Working capital Current ratio Did Nordstrom's quity improve or worsen during the year? Unse y 2009 2010 in Red A Bon on W ine

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