Aggressive marketing campaign

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Suppose that in 2013, Global Conglomerate Corporation (Global) launches an aggressive marketing campaign that boosts sales by 20%. However, their operating margin falls from 5.7% to 4.4% suppose that they have no other income, interest expenses are unchanged, and taxes are the same percentage of pretax income as in 2012. a) what is Global's EBIT in 2013 b) what is Global's income in 2013? c) If Globals P/E ratio (25.2) and number of shares outstanding (3.6 million) remains unchanged, what is Global's share price in 2013?

Reference no: EM13985564

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