Question: Back to Assignment Attempts Average/2 4. Problem 4.04 (Market-Book and IV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $18 billion in total assets- of which
Back to Assignment Attempts Average/2 4. Problem 4.04 (Market-Book and IV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $18 billion in total assets- of which cash and equivalents total $100 million. Its balance sheet shows $2.7 bilion in current liabilities - of which the notes payable balance totais 1.11 billion. The firm also has $8.1 billion in long-term debt and $7.2 bilion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $37 per share. The firm's EBITDA totals $1.776 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 Grade It Now Save & Continue Continue without saving
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