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Given the following information, answer questions 11 to 14: Globex: selected items from 2019 financial statements Income statement items Sales $167400,000 Cost of goods sold
Given the following information, answer questions 11 to 14: Globex: selected items from 2019 financial statements Income statement items Sales $167400,000 Cost of goods sold $125,900,000 Net Income $ 6,800,000 Number of shares 1,000,000 Price per share $53.2 Balance Sheet Items Accounts receivable $ 18,400,000 Inventory $9,200,000 Accounts payable $ 11,600,000 Total liabilities $ 207,500,000 Total Equity $ 23,200,000 13. In 2019. Globex's days inventory outstanding is
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