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Suppose Nordstrom, Inc., which operates department stores in numerous states, has the following selected financial statement data for the year ending January 30, 2014. (in

Suppose Nordstrom, Inc., which operates department stores in numerous states, has the following selected financial statement data for the year ending January 30, 2014.

(in millions) End-of-year Begining-of-year
Cash & cash equivalents $1,113 $101
Accounts receivable (net) $2,849 $2,719
Inventory $1,257 $1,260
Prepaid expenses $123 $130
Other current assets $333 $294
Total current assets $5,675 $4,504
Total current liabilities $5,820 $2,241

For the year, net sales were $11,561 and cost of goods sold was $7,459 (in millions).

Compute the four liquidity ratios at the end of the year. (Round answers to 1 decimal place)

Current ratio :1
Acid-test ratio :1
Accounts receivable turnover times
Inventory turnover times

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