Question 4 Of -/25 Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below, Beginning of End of Year...

Inventory turnover________ times Days in invitory __________ days


Extracted text: Question 4 Of -/25 Nordstrom, Inc. operates department stores in numerous states. Selected hypothetical financial statement data (in millions) for 2022 are presented below, Beginning of End of Year Year Cash and cash equivalents $1.135 $ 112 Accounts receivable (net) 3,200 3,000 Inventory 1,400 1,400 Other current assets 817 470 Total current assets $6,552 $4,982 Total current liabilities $3,120 $2,482 For the year, net credit sales were $12,710 million, cost of goods sold was $8,260 million, and net cash provided by operating activities was $1,253 million. Compute the current ratio, accounts receivable turnover, average collection period, inventory turnover, and days in inventory for the current year. (Round Current ratio to 2 decimal places, e.g. 1.62 and all other answers to 1 decimal place, e.g. 1.6.) Current ratio :1 Accounts receivable turnover times Average collection period days MacBook Pro esc 2 4. 6 8 Q E R Y P A S D G H J K L M option command command option