Cmpute the current ratio current cash debt coverage


Nordstrom, Inc.operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2014 are presented below.

End of Year Beginning of Year
Cash and cash equivalents $ 795 $ 72.0
Accounts receivable (net) 2,035 1,942
Inventory 898 900
Other current assets 326 303
Total current assets $4,054 $3,217
Total current liabilities $2,014 $1,601

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, current cash debt coverage , accounts receivable turnover, average collection period, inventory turnover and days in inventory at the end of the current year.(Round all answers to 2 decimal places, e.g. 1.83.)

Current ratio:
Current cash debt coverage
Accounts receivable turnover
Average collection period
Inventory turnover
Days in inventory

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Accounting Basics: Cmpute the current ratio current cash debt coverage
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