Question: Global Corp. initially projected the 2019 income statement shown in the table Suppose that in 2019, Global launched an aggressive marketing campaign that boosted

Global Corp. initially projected the 2019 income statement shown in the table

Global Corp. initially projected the 2019 income statement shown in the table Suppose that in 2019, Global launched an aggressive marketing campaign that boosted 2019 sales further by 15.4%. However, their operating margin fell from 5.69% to 4,36% Suppose that they had no other income, interest expenses were unchanged, and taxes were the same percentage of pretax income (26%) as in 2018. a. What was Global's EBIT in 2019? b. What was Global's income in 20192 c. If Global's P/E ratio (18.0) and number of shares outstanding (3.6 million) remained unchanged, what was Global's share price in 2019?

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