Question Help o P 2-30 (book/static) Global Corp. Initially projected the 2019 Income statement shown in the table m Suppose that in 2010. Global launched an aggressive marketing campaign that boosted 2019 sales further by 15.0%. However, the operating margin feltrom 5.57% to 4.50% Suppose that they had to other income interest expenses were unchanged, and taxes were the same percentage of protax income (26%) as in 2018 a. What was Global's EBIT in 2019 b. What was Global's income in 20197 c. Global's PE ratio (18.) and number of shares outstanding (36 milion) remained unchanged, what was Global's share price in 2019? a. What was Global's EBIT in 20192 Global's EBIT wo million (Round to two decimal places) Enter your answer in the answer box and then click Check Answer parts roming be DO 86 BO 73 888 FS F + $ 4 & 7 + 3 % 5 00. 1 0 ( 9 ! 1 N - - 6 2 1 R Y E T U W T Q Data Table GLOBAL CORPORATION Income Statement Year ended December 31 (in $ millions) 2019 Net sales 186.7 Cost of sales - 153.4 Gross profit 33.3 Selling, general, and administrative expenses - 13.5 Research and development -8.2 Depreciation and amortization -1.2 Operating income 10.4 Other income Earnings before interest and taxes (EBIT) 10.4 Interest income (expense) -7.7 Pretax income 2.7 Taxes -0.7 Net Income 2.0 Earnings per share: $0.56 Diluted earnings per share: $0.53 2018 176.1 - 147.3 28.8 - 13.0 - 7.6 - 1.1 7.1 7.1 -4.6 2.5 -0.6 1.9 $0.53 $0.50 Print Done Clear All On DD