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Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data ( in millions ) for 2 0 2 2 are presented below.

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Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in
millions) for 2022 are presented below.
For the year, net credit sales were $15,170 million, cost of goods sold was $9,860 million, and net cash provided by
operating activities was $1,259 million.
Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in
inventory for the current year. (Round Current ratio to 2 decimal places, e.g.1.62 and all other answers
to 1 decimal place, e.g.1.6.)
Current ratio
Accounts receivable turnover
Average collection period
Inventory turnover
Days in inventory
Days in inventory
eTextbook and Media
:1
times
days
times
days
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