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Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are presented below.

Question 3 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are presented below. Cash and cash equivalents Accounts receivable (net) Inventory Other current assets End of Year Beginning of Year $ 730 $ 65 1,910 1,800 800 860 510 425 Total current assets $3,950 $3,150 Total current liabilities $2,060 $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. Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover and days an inventory at the end of the current year. (Round curren ratio to 2 decimal places, e.g. 1.82 and all other answers to I decimal place, e.g. 1.8. Use 365 days for calculation.) Current ratio 1.91 :1 Accounts receivable turnover 4.4 times Average collection period 82.9 days Inventory turnover 6.4 times Days in inventory 57.0 days