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Suppose Nordstrom, Inc., which operates department stores in numerous states, has the following selected financial statement data for a recent year INC. Balance Sheet (partial)

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Suppose Nordstrom, Inc., which operates department stores in numerous states, has the following selected financial statement data for a recent year INC. Balance Sheet (partial) Beginning-of- Year (in millions) End-of-Year $1,352 3,460 1,527 150 405 $6,894 $3,424 122 3,301 1,530 158 357 $5,468 $2,722 Cash and cash equivalents Accounts receivable (net) Prepaid expenses Other current assets Total current assets Total current liabilities For the year, net sales were $14,039 and cost of goods sold was $9,058 (in millions) Compute the four liquidity ratios at the end of the year. (Round answers to 1 decimal place, e.g. 1.6 Current ratio Acid-test ratio Accounts receivable turnover Inventory turnover times times

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