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I know EBIT in part a is calculated by operating margin x Revenue and I know Net profit is EBIT-Interest expense -taxes. I just couldnt

I know EBIT in part a is calculated by operating margin x Revenue
and I know Net profit is EBIT-Interest expense -taxes. I just couldnt get the right numbers. Please help. image text in transcribed
image text in transcribed
Global Corporation expected the level of sales and expenses shown in the data table here, launched an aggressive marketing campaign that boosted projected sales by 15.1 %. However, its 2017 operating margin fell from 5.84% to 4.29%. Assume that it had no other income, interest expenses were unchanged, and taxes were the same percentage of pre-tax profit (24 % ) as in 2016 Suppose that in 2017, Global a. What was Global's EBIT in 2017 with the marketing campaign? b. What was Global's net profit in 2017 with the marketing campaign? c. If Global's P/E ratio (18) and number of shares outstanding (3.6 million) remained unchanged, what was Global's share price in 2017? GLOBAL CORPORATION Income Statement rem Year ended 31 December (in $ millions) 2017 2016 176.1 186.7 Total sales - 147.3 - 152.9 Cost of sales 28.8 33.8 Gross profit -13.0 -7.6 -13.5 Selling, general and administrative expenses Research and development -8.2 -1.2 -1.1 Depreciation and amortisation Operating profit rem 10.9 7.1 Other income Earnings before interest and taxes (EBIT) Interest income (expense) 10.9 7.1 -7.7 -4.6 3.2 2.5 Net profit before tax 0.8 -0.6 Taxes 2.4 1.9 Net profit (after tax) $0.67 $0.64 $0.53 $0.50 Earnings per share Diluted earnings per share

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