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Table 2.2 Global Corporation's Income Statement Sheet for 2016 and 2015 Global Corporation Income Statement Year ended December 31 (in $ millions) Calculate Global's profitability

image text in transcribed Table 2.2 Global Corporation's Income Statement Sheet for 2016 and 2015 Global Corporation Income Statement Year ended December 31 (in \$ millions) Calculate Global's profitability ratios for 2016(Table 2.2). 1. What is the Gross Margin? 2. What is the Operating Margin? 3. What is the Net Margin

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