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

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

NORDSTORM, INC. Balance Sheet (partial)
(in millions) End-of-Year Beginning-of-Year
Cash and cash equivalents $ 1,153 $ 104
Accounts receivable (net) 2,951 2,816
Inventory 1,302 1,305
Prepaid expenses 128 135
Other current assets 345 305
Total current assets $5,879 $4,665
Total current liabilities $2,920 $2,321

For the year, net sales were $11,974 and cost of goods sold was $7,726 (in millions).

(a)

Compute the four liquidity ratios at the end of the year.(Round answers to 1 decimal place, e.g. 1.6 .)

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

times

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