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Question 5 of 8 View Policies Current Attempt in Progress -/11 E Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement
Question 5 of 8 View Policies Current Attempt in Progress -/11 E Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below. End of Year Beginning of Year Cash and cash equivalents $740 $85 Accounts receivable (net) 1,910 1,800 Inventory 830 850 Other current assets 760 475 Total current assets $4,240 $3,210 Total current liabilities $2,040 $1,610 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.
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