Suppose that in 2016, Global launched an aggressive marketing campaign that boosts sales by 15%. However, their operating margin fell from 5.57% to 4.50%. Suppose that they have no other income, interest expenses are unchanged, and taxes are the same percentage of pretax income as in 2015.
a.	What is Globals EBIT in 2016?
b.	What is Globals income in 2016?
c.	If Globals P/E ratio and number of shares outstanding remains unchanged, what is Globals share price in 2016?
		2016
	Growth rate in sales	15.00%
	Operating margin	4.50%
	New sales	214.71
a.	EBIT
b.	Other income
	Interest expense
	Pretax income
	Taxes
	Net income
c.	2015 P/E ratio
	2016 Share price