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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 $ 1,032 $ 90
Accounts receivable (net) 2,500 2,400
Inventory 1,100 1,100
Other current assets 408 379
Total current assets $5,040 $3,969
Total current liabilities $2,520 $2,001

For the year, net credit sales were $10,290 million, cost of goods sold was $6,710 million, and net cash provided by operating activities was $1,276 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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