Nordstrom, Inc. Operates Department

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Nordstrom, Inc. operates department stores in numerous states. Selected financial statement data for the year ending January 30, 2010, are shown below.
Nordstrom, Inc.
Balance Sheet (partial) 
(in millions) 
End-of-Year 
Beginning-of-Year 
Cash and cash equivalents $ 795 $ 72 
Accounts receivable (net) 2,035 1,942 
Merchandise inventory 898 900 
Prepaid expenses 88 93 
Other current assets 238 210 
Total current assets $4,054 $3,217 
Total current liabilities $2,014 $1,601 
For the year, net sales were $8,258 and cost of goods sold was $5,328 (in millions).
Compute the four liquidity ratios at the end of the year. (Round all answers to 1 decimal place, e.g. 1.6 .)
Current ratio 
:1 
Acid-test ratio 
:1 
Receivables turnover 
? times 
Inventory turnover 

? times 

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