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- Data Table 0 2016 2015 Global Corporation Balance Sheet for 2016 and 2015 (5 millions) Assets 2016 2015 Liabilities and Stockholders' Equity Current Assets Current Liabilities Cash 23.1 20.3 Accounts payable Accounts receivable 17.7 12.4 Notes payable/short-term debt Inventories 15.1 13.9 Total current liabilities Total current assets 55.9 46.6 Long-Term Liabilities Long-Term Assets Long-term debt Net property, plant, and equipment 113.2 81.9 Total long-term liabilities Total long-term assets 113.2 81.9 Total Liabilities 28.8 5.9 34.7 26.5 3.5 30.0 113.2 113.2 147.9 784 78.4 108.4 7.7 124 Stockholders' Equity Common stock and paid-in surplus Retained earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 7.7 13.5 212 169.1 20.1 128,5 Total Assets 169.1 128.5 Print Done 9095 complete) What was the change in Global's book value of equity from 2015 to 2016 according to Table 21 ?? Does this imply that the market price of Globa's shares increased in 2016? Explain. What was the change in Global's book value of equity from 2015 to 2016? Global's book value of equity changed by $ million from 2015 to 2016. (Round to one decimal place. Does this mply that the market price of Globals shares increased in 2016? Explain (Select all the choices that apply) A An increase in book valve necessary indicates an increase in Global's share price. The book value of the equity does not go up unless the share price goes up. 3. An increase in book valo does not necessary indicate an increase in Global's share price C. The market value of a stock does not depend on the historical cost of the firm's assets, but on investors' expectation of the firm's future performance 00. There are many events that may affect Global future profitability, and hence its share price, that do not show up on the balance shout Click to set your answers