Homework: Assignment 2 (Chapter 2) Save Score: 0 of 1 pt 7 of 15 (12 complete) W Score: 63.66%, 9.55 of 15 P2-11 (similar to) Question Help Suppose that in 2019, Global launches an aggressive marketing campaign that boosts sales by 13%. However, their operating margin falls from 5.57% to 4.9%. Suppose that they have no other income interest expenses are unchanged, and taxes are the same percentage of pretax income as in 2018. (See Table 22 B) a. What is Global's EBIT in 2019? b. What is Global's income in 2019? c. If Global's PlE ratio (25.2) and number of shares outstanding (3.6 million) remains unchanged, what is Global's share. price in 2019? a. What is Global's EBIT in 2019? Global's EBIT in 2019 is $ million (Round to two decimal places.) Question Hel milar to) - X Data Table GLOBAL CONGLOMERATE CORPORATION Income Statement Year Ended December 31 (in 9 millions) 2018 186.70 (153.40) 33.30 (13.50) (8.20) (120) 10.40 2017 176.10 (147.30) 28.80 (13.00) (7.60) (1.10) 7.10 Total sales Cost of sales Gross Profit Selling, general, and administrative expenses Research and development Depreciation and amortization Operating Income Other income Earnings before interest and taxes (EBIT) Interest income (expense) Pretax income Taxes Net Income Earnings per share Diluted earnings per share: 10.40 (7.70) 2.70 (0.70) 2.00 $0.556 $0.526 7.10 (4.60) 2 50 (0.60) 1.90 $0.528 $0.500 Print Done ts maining Clear All Check Answer Type here to search O