Question: --/1 Question 4 View Policies Current Attempt in Progress Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for

 --/1 Question 4 View Policies Current Attempt in Progress Nordstrom, Inc.operates department stores in numerous states. Selected hypothetical financial statement data (in

--/1 Question 4 View Policies Current Attempt in Progress Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below. End of Year Beginning of Year Cash and cash equivalents $ 760 $ 73 Accounts receivable (net) 2,040 1,840 Inventory 890 830 Other current assets 340 387 Total current assets $4,030 $3,130 Total current liabilities $2,040 $1,630 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. 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, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio Accounts receivable turnover times Average collection period days Inventory turnover times Days in inventory days eTextbook and Media Save for Later

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