Question: D eBook Problem Walk-Through Edelman Engines has $18 billion in total assets- of which cash and equivalents total $90 million. Its balance sheet shows $2.7
D eBook Problem Walk-Through Edelman Engines has $18 billion in total assets- of which cash and equivalents total $90 million. Its balance sheet shows $2.7 billion in current Habilities - of which the notes payable balance totals $0.92 billion. The firm also has $9 billion in long-term debt and $6.3 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $20 per share. The firm's EarTDA totals $0.72 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 BV/EBITDA ratlos? Do not round Intermediate calculations, Round your answers to two decimal places M/B EV/EBITDA
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