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Show Attempt History Current Attempt in Progress Your answer is incorrect. Nordstrom, Inc. operates department stores in numerous states. Suppose selected fina are as follows.
Show Attempt History Current Attempt in Progress Your answer is incorrect. Nordstrom, Inc. operates department stores in numerous states. Suppose selected fina are as follows. Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities End of Year $ 800 2.040 830 160 $3.830 $2,060 Beginning of Year $ 79 1,850 870 321 $3.120 $1,600 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 Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover and days in inventory at the end of the current year. (Round current ratio to 2 decimal places, eg. 1.83 and all other answers to 1 decimal place, es, 18. Use 365 days for calculation) 1.86 :1 times Current ratio Accounts receivable turnover Average collection period Inventory turnover days times Days in Inventory days
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