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Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions of dollars) for a recent year follow Beginning of Year

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Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions of dollars) for a recent year follow Beginning of Year $ 410 End of Year $ 90 1,880 2,060 Cash and cash equivalents Receivables (net) Merchandise inventory Other current assets 1,428 1.252 275 390 Total current assets $ 3,993 $3,792 Total current liabilities $1,650 $1,600 (a) Compute working capital and the current ratio at the beginning of the year and at the end of the year. (Round current ratio to 2 decimal places, e.g. 15.25.) End of Year Beginning of Year Working capital $ $ :1 Current ratio

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