Question: Please help CALCULATOR PRINTER VERSION Question 1 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are
CALCULATOR PRINTER VERSION Question 1 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2017 are presented below End of Year Beginning of Year Cash and cash equivalents $ 750 Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities 2,040 850 410 $4,050 010 $ 71 1,880 830 359 $3,140 640 For the year, net credit sales were $8,258 million, cost of goods sold was ss,328 million, and net cash provided by operating activities was si1,251 million Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory at the end of the current year. (Ro current ratio to 2 decimal places, e.g. 1.82 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 times days Inventory turnover Days in inventory to search 12/12/201E
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