Question
Hi, Can you help me with this question? Thanks :)! Suppose that in 2016, Global launches an aggressive marketing campaign that boosts sales by 10%.
Hi, Can you help me with this question? Thanks :)!
Suppose that in 2016, Global launches an aggressive marketing campaign that boosts sales by10%.
?However, their operating margin falls from 5.57 % to 4.2%
Suppose that they have no other? income, interest expenses are? unchanged, and taxes are the same percentage of pretax income as in 2015. ? (See Table)
a. What is? Global's EBIT in 2016? Round to two decimal? places.
b. What is? Global's income in 2016?? Round to two decimal? places.
c. If? Global's P/E ratio?(25.2)and number of shares outstanding (3.6
?million) remains? unchanged, what is?Global's share price in
2016? Round to two decimal? places.
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