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Does this imply that the market price of Global shares increased in 2016? Explain. 1 Data Table Global Corporation Balance Sheet for 2016 and 2015

Does this imply that the market price of Global shares increased in 2016? Explain. image text in transcribed
1 Data Table Global Corporation Balance Sheet for 2016 and 2015 ($ millions) 2015 Liabilities and Stockholders Equity Assets 2016 2016 2015 Cash Accounts receivable Inventories 24.1 206 Accounts payable 189 137 Notes payable/short-term debt 155 13.6 282 4.9 33. 1 26.8 3.8 30.6 Total current liabilities Total current assets Long-Term Assets Net property, plant, and equipment 585 479 Long-Term L.iabites 113.2 Long-term debt 114.3 756 75.6 1474 106 2 80.7 Total long-term tiabitities 114.3 Total long-term assets 113.2 807 Total Liabilities Stockholders Equity Common stock and paid-in surplus Retained earnings Total Stockholders' Equity 87 87 13.7 22.4 71.71286 15.6 24 3 Total Assets 1717 128 6 Total Liabilities and Stockholders' Equity Print Done

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