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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 $ 1,218

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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 $ 1,218 3,300 1,400 Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities Beginning of Year 5 115 3,100 1,400 485 55,100 52,562 522 56,440 53,220 For the year, net credit sales were $13,120 million, cost of goods sold was $8,540 million, and net cash provided by operating activities was $1,275 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 Accounts receivable turnover times Average collection period days times Inventory turnover Days in inventory days Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet data are as of the end of the fiscal year (in millions). 2020 $5,000 3,800 2019 $5,100 3,530 145 Net sales Cost of goods sold Net income Accounts receivable Inventory Total assets Total common stockholders' equity 80 1,307 3,000 909 114 1,224 3,250 1,092 Compute the following ratios for 2020. (Round asset turnover to 2 decimal places, e.g. 1.67. Round all other answers to 1 decimal place, e.g. 1.6 or 1.6%.) (a) Profit margin (b) Asset turnover times (c) Return on assets (d) (ea) Return on common stockholders' equity Gross profit rate

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