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Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2020 are presented below. End of Year Beginning of

Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2020 are presented below.

End of Year

Beginning of Year

Cash and cash equivalents $ 1,424 $ 140
Accounts receivable (net) 4,000 3,800
Inventory 1,800 1,800
Other current assets 636 591
Total current assets $7,860 $6,331
Total current liabilities $3,930 $3,122

For the year, net credit sales were $15,990 million, cost of goods sold was $10,440 million, and net cash provided by operating activities was $1,257 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 answers to 1 decimal place, e.g. 1.6.)

Current ratio

:1
Accounts receivable turnover

times
Average collection period

days
Inventory turnover

times
Days in inventory

days

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