Question: es/items/1776895 04H005 Intro To Fin Acc > Modules > AUGUST 24-CHAPTER 2, Chapter 2 - PRACTICE PLUS Kimmel, Accounting, 7e Help System Announcements ESOURCES TICE

 es/items/1776895 04H005 Intro To Fin Acc > Modules > AUGUST 24-CHAPTER

es/items/1776895 04H005 Intro To Fin Acc > Modules > AUGUST 24-CHAPTER 2, Chapter 2 - PRACTICE PLUS Kimmel, Accounting, 7e Help System Announcements ESOURCES TICE CALCULATOR Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions End of Year Beginning of Year Cash and cash equivalents $ 60 $ 350 Receivables (net) 1,900 1,700 Merchandise inventory 665 970 Other current assets 300 220 Total current assets $2,925 $3,240 Total current liabilities $1,500 $1,620 LA A Your answer is incorrect. Try again. by Study Compute working capital and the current ratio at the beginning of the year and at the end of the year. (Round current rat 15.25.) Beginning of Year End of Year Working capital 1,425 1,620 M :1 Current ratio 1.95 || : 1 LINK TO TEXT LINK TO VIDEO O IT #

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