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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 Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities 1,017 2,600 1,200 423 $5,240 $2,620 $94 2,500 1,200 394 $4,188 $2,081 For the year, net credit sales were $10,710 million, cost of goods sold was s6,960 million, and net cash provided by operating activities was $1,272 million Compute thrent 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 times days times days Accounts receivable turnover Average collection period Inventory turnover Days in inventory
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