What was the change in Global's book value of equity from 2018 to 2019 according to Table 2.1 g ? Does this imply that the market price of Global's shares increased in 2019? Explain. What was the change in Global's book value of equity from 2018 to 2019? Global's book value of equity changed by $|:| million from 2018 to 2019. (Round to one decimal place.) Some balance sheet information is shown here: [ (all values in millions of dollars). a. What change in the book value of the company's equity took place at the end of 2021? b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. a. What change in the book value of the company's equity took place at the end of 20217 The book value of equity I:| by $ billion from the end of the previous quarter, and was |:| (Select from the drop-down menus and round to three decimal places.) (Click on the following icon = in order to copy its contents into a spreadsheet.) Balance Sheet 31-Mar-2022 31-Dec-2021 30-Sep-2021 30-Jun-2021 Assets Current Assets Cash and cash equivalents 293 300 255 232 Net receivables 401 362 385 460 Inventory 374 342 437 306 Other current assets 60 43 53 45 Total Current Assets 1,128 1,047 1,130 1,043 Long-term investments 128 97 _ 200 Property, plant, and equipment 979 991 995 1,052 Goodwill 744 748 736 742 Other assets 777 829 907 797 Total Assets 3,756 3,712 3,768 3,834 Liabilities Current Liabilities Accounts payable 876 1,467 922 980 Short/current long-term debt 410 2 173 288 Other current liabilities _ _ _ _ Total Current Liabilities 1,286 1,469 1,095 1,268 Long-term debt 2,381 2,124 474 475 Other liabilities 435 574 559 551 Total Liabilities 4,102 4,167 2128 2,294 Total Shareholder's Equity - 346 - 455 1,640 1,540 Total Liabilities and Shareholder's Equity 3,756 3,712 3,768 3,834 Global Corporation Balance Sheet for 2019 and 2018 ($ millions) Assets 2019 2018 Liabilities and Stockholders' Equity 2019 2018 Current Assets Current Liabilities Cash 22.7 20.5 Accounts payable 28.7 26.9 Accounts receivable 18.2 12.6 Notes payable/short-term debt 4.8 3.4 Inventories 16.2 14.8 Total current liabilities 33.5 30.3 Total current assets 57.1 47.9 Long-Term Liabilities Long-Term Assets. Long-term debt 112.8 75.6 Net property, plant, and equipment 113.4 80.3 Total long-term liabilities 112.8 75.6 Total long-term assets 113.4 80.3 Total Liabilities 146.3 105.9 Stockholders' Equity Common stock and paid-in surplus 8.5 8.5 Retained earnings 15.7 13.8 Total Stockholders' Equity 24.2 22.3 Total Assets 170.5 128.2 Total Liabilities and 170.5 128.2 Stockholders' Equity