Question: Attempts 0 0.3 Keep the Highest 0.37 0.5 4. Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $19 billion in total

 Attempts 0 0.3 Keep the Highest 0.37 0.5 4. Problem 4.04

Attempts 0 0.3 Keep the Highest 0.37 0.5 4. Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $19 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $3.8 billion in current liabilities of which the notes payable balance totals $1.02 billion. The firm also has $9.5 billion in long-term debt and $5.7 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $34 per share. The firm's EBITDA totals $1.53 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places. M/B: EV/EBITDA

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