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Nordstrom, Inc. operates department stores in numerous states. Suppose selected nancial statement data (in millions) for 2017 are presented below. End of Year Beginning of

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Nordstrom, Inc. operates department stores in numerous states. Suppose selected nancial statement data (in millions) for 2017 are presented below. End of Year Beginning of Year Cash and cash equivalents $ 750 $ 69 Accounts receivable (net) 2,080 1,890 Inventory 820 870 Other current assets 680 351 Total current assets $4.330 $3,180 Total current liabilities $2,090 $1,510 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. 1.82 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio :1 :1 Accounts receivable turnover times Average collection period days Inventory turnover times Days in inventory days

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