Question: Nordstrom operates 207 fashion specialty retail stores in 28 states

Nordstrom operates 207 fashion specialty retail stores in 28 states. The company’s actual data (slightly simplified) follow for its fiscal year ended January 29, 2011 (in millions of dollars):
Assets, beginning of period ...... $6,579
Assets, end of period .......... E
Liabilities, beginning of period ...... A
Liabilities, end of period ........ 5,441
Paid-in capital, beginning of period .... 1,066
Paid-in capital, end of period ........ D
Retained earnings, beginning of period .. 506
Retained earnings, end of period ...... C
Revenues ............. 9,700
Costs and expenses ............ B
Net income ............. 613
Dividends .............. 266
Additional investments by stockholders ... 102
Find the unknowns (in millions), showing computations to support your answers.


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  • CreatedNovember 19, 2014
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