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11. In 2019, Globex's price to enaring is a. 7.82 b. 9.41 c.14.15 d.5.32 12. in 2019, Globex's asset turnover ratio is a.0.19 b.0.67 c.0.81
11. In 2019, Globex's price to enaring is
a. 7.82
b. 9.41
c.14.15
d.5.32
12. in 2019, Globex's asset turnover ratio is
a.0.19
b.0.67
c.0.81
d. 0.73
13. . In 2019, Globex's days inventory outstanding is
a. 32.1
b. 29.3
c. 26.7
d. 37.4
14. . In 2019, Globex's return on equity is
a. 16.2%
b. 18.9%
c. 29.3%
d. 34.8%
Given the following information, answer questions 11 to 14: Globex: selected items from 2019 financial statements Income statement items Sales $ 167,400,000 Cost of goods sold $ 125,900,000 Net Income $ 6,800,000 Number of shares 1,000,000 share $ 53.2 Price per Balance Sheet Items Accounts receivable Inventory Accounts payable Total liabilities Total Equity $ 18,400,000 $ 9,200,000 $ 11,600,000 $ 207,500,000 $ 23,200,000Step by Step Solution
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