You are the manager in charge of global operations at Bank Globala large commercial bank that operates

You are the manager in charge of global operations at Bank Global—a large commercial bank that operates in a number of countries around the world. You must decide whether or not to launch a new advertising campaign in the U. S. market. Your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on U. S. operations.

In addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $ 8 million if the U. S. advertising campaign were launched. Your goal is to maximize Bank Global’s value. Should you launch the new campaign?Explain.

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Pre-Advertising Campaign Post-Advertising Campaign Total Revenues $31,980,200 Variable Cost TV Airtime Ad development labor Total variable costs 5,750,350 1,960,580 7,710,930 8,610,400 3,102,450 11,712,850 Direct Fixed Cost 1,500,000 1,500,000 Depreciation-computer equipment Total direct fixed cost 1,500,000 1,500,000 Indirect Fixed Cost Managerial salaries Office supplies Total indirect fixed cost 8,458, 100 2,003,500 $10,461,600 8,458, 100 2,003,500 $10,461,600