Business
Business, 01.10.2019 22:30, mirandaperez3412

Global corp. initially projected the 2016 income statement shown in the table suppose that in 2016, global launched an aggressive marketing campaign that boosted 2016 sales further by 14.1 %. however, their operating margin fell from 5.89 % to 4.49 % suppose that they had no other income, interest expenses were unchanged, and taxes were the same percentage of pretax income (26 %) as in 2015. a. what was global's ebit in 2016? b. what was global's income in 2016? 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 2016?

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Global corp. initially projected the 2016 income statement shown in the table suppose that in 2016,...

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