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 End of Year Cash and cash equivalents $ 390 $ 80 Receivables (net) 1.950 1.960 Merchandise inventory 886 625 Other current assets 300 375 Total current assets $ 3,526 $3,040 Total current liabilities $ 1,720 $1,520 (a) X Your answer is incorrect. 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 $ 2192 2343 Working capital $ 2.37 :1 2.42 :1 Current ratio