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Suppose that in 2019, Global launches an aggressive marketing campaign that boosts sales by 11%....

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Accounting

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Suppose that in 2019, Global launches an aggressive marketing campaign that boosts sales by 11%. However, their operating margin falls from 5.57% to 4.3%. 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 a. What is Globar's EBIT in 2019 ? b. What is Globar's income in 2019 ? c. If Globar's P/E ratio (25.2) and number of shares outstanding (3.6 milion) remains unchanged, what is Global's share price in 2019 ? a. What is Globar's EBIT in 2019? Globars EBIT in 2019 is s millon. (Round to two decimal places) Data table

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