What was the change in Global's book value of equity from 2018 to 2019 according to Table 2.1 ? Does this imply that the market price of Global's shares increased in 2019? Explain. What was the change in Global's book value of equity from 2018 to 2019? Global's book value of equity changed by $1 million from 2018 to 2019. (Round to one decimal place.) Does this imply that the market price of Global's shares increased in 2019? Explain. (Select all the choices that apply.) A. There are many events that may affect Global's future profitability, and hence its share price, that do not show up on the balance sheet. B. An increase in book value necessarily indicates an increase in Global's share price. The book value of the equity does not go up unless the share price goes up. C. The market value of a stock does not depend on the historical cost of the firm's assets, but on investors' expectation of the firm's future performance. D. An increase in book value does not necessarily indicate an increase in Global's share price. Global Corporation Balance Sheet for 2019 and 2018 ($ milli Assets 2019 2018 Liabilities and Stockholders Current Assets Current Liabilities Cash 23.2 20.5 Accounts payable Accounts receivable 18.5 13.2 Notes payable/short-term deb Inventories 15.3 14.3 Total current liabilities Total current assets 57.0 48.0 Long-Term Liabilities Long-Term Assets Long-term debt Net property, plant, and equipment 113.1 80.9 Total long-term liabilities Total long-term assets 113.1 80.9 Total Liabilities Stockholders' Equity. Common stock and paid-in su Retained earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total Assets 170.1 128.9 2019 2018 Sheet for 2019 and 2018 ($ millions) Liabilities and Stockholders' Equity Current Liabilities 5 Accounts payable Notes payable/short-term debt Total current liabilities Long-Term Liabilities Long-term debt Total long-term liabilities Total Liabilities 29.2 5.5 34.7 26.5 3.2 29.7 113.2 113.2 147.9 78.0 78.0 107.7 8.0 14.2 Stockholders' Equity Common stock and paid-in surplus Retained earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 8.0 13.2 21.2 128.9 22.2 e 170.1