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RCES rk Exercise 185 Suppose Nordstrom, in which operates department stores in numerous states, has the following selected financial statement data for a recent ya

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RCES rk Exercise 185 Suppose Nordstrom, in which operates department stores in numerous states, has the following selected financial statement data for a recent ya NORDSTORM, INC. Balance Sheet(partial) (in millions) End of Year Beginning of Year Cash and cush equivalents $904 $.90 Accounts receivable (net) 2.540 2,428 Inventory 1,123 1.125 Prepaid expenses 110 115 Other current sets 263 Total current sets $5,069 51,022 Total current liabilities 32,001 Study 298 For the year, net sales were 10,323 and cost of goods cold was 56,660 in rillions), (a) Compute the four liquidity motion at the end of the found onwerto decimal places 1.6) Current ratio 21 od testati 1 Accounts receivable turnover time Inventory over tim Click if you would like to show Work for this questioni saw. Work TOTE

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