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Exercise 18-07 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data...

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Exercise 18-07 Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2020 are presented below. End of Year $ 1,374 3,700 1,600 Beginning of Year $ 130 3,500 1,600 Cash and cash equivalents Accounts receivable (net) Inventory Other current assets Total current assets Total current liabilities 586 5:45 $7,260 $5,775 $3,630 $2.882 For the year, net credit sales were $14,760 million, cost of goods sold was $9,600 million, and net cash provided by operating activities was $1,266 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 decimal place, e.g. 1.6.) Current ratio Accounts receivable turnover times Average collection period days Inventory turnover times Days in inventory days

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