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Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below. End of Year Beginning

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Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below. End of Year Beginning of Year Cash and cash equivalents $750 $77 Accounts receivable (net) 2,080 1,800 Inventory 800 900 Other current assets 290 353 Total current assets $3,920 $3,130 Total current liabilities $2,050 $1,600 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. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio Accounts receivable turnover Average collection period :1 times days Total current assets $3,920 $3,130 Total current liabilities $2,050 $1,600 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. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio Accounts receivable turnover. Average collection period Inventory turnover Days in inventory :1 times. days times days

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