CALCULATOR PRINTER VERSION BACK NEXT ECES Exercise 2-10 a-b Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions of dollars) for a recent year follow. End of Year Beginning of Year Cash and cash equivalents $ 85 $ 415 Receivables (net) 1,910 1,940 Merchandise inventory 980 1,245 Other current assets 1910 320 Total current assets $3,285 $3,920 Total current liabilities $1,500 $1,750 Study Compute working capital and the current ratio at the beginning of the year and at the end of the year. (Round current ratio to 2 decimal places, e.g. 15.25.) Beginning of Year End of Year WINTER VERSION 4 BACK NE compare worry capra uno current TUVO U UIC Cymwy o wr your U U U U U crve your current to 2 decimal places, e.g. 15.25.) CES End of Year Beginning of Year Working capital $ Current ratio :1 V Did Nordstrom's liquidity improve or worsen during the year? Click if you would like to Show Work for this question: Onen Show Work Study Question Attempts: 0 of 1 used