Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are presented below.

Exercise 13-7 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are presented below. End of Year Beginning of Year Cash and cash equivalents 730 65 Accounts receivable (net) 1,910 1,800 800 860 Inventory Other current assets 510 425 $3,950 Total current assets $3,150 $2,060 Total current liabilities $1,630 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 decinal place, e.g. 1.8. Use 365 days for calculation.) Current ratio 1.91 Accounts receivable turnover times Average collection period days Inventory turnover times Days in inventory days Click if you would like to Show Work for this question: Open Show Work