Nordstrom, Inc. operates department stores in numerous states. Selected financial statement data (in millions of dollars) for a recent year follow. Cash and cash equivalents Receivables (net) Merchandise inventory Other current assets Total current assets Total current liabilities (a) Working capital End of Year Current ratio $72 1,942 900 303 $3,217 $1,601 Beginning of Year $358 1,788 Compute working capital and the current ratio the beginning of the year and at the end of the year. (Round current ratio to 2 decimal places, e.g. 15.25.) Beginning of Year 956 259 $3,361 $1,635 :1 million End of Year million :1

Nordstrom, Inc operates department stores in numerous states. Selected financial statement data (in millions of dollars) for a recent year follow. a) Compute working capital and the current ratio at the beginning of the year and at the end of the year. (Round current ratio to 2 decimal places, es. 15.25.)