Question: Nordstrom, Inc. operates department stores in numerous states. Selected financial statement data (in millions of dollars) for a recent year follow
Instructions: (a) Compute working capital and the current ratio at the beginning of the year and at the end of the year.
(b) Did Nordstrom's liquidity improve or worsen during the year?
(c) Using the data in the chapter, compare Nordstrom's liquidity with Best Buy's.