Question: 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

 eBook Problem Walk-Through Edelman Engines has $18 billion in total assets-

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 liabilities - 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 EBITDA 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 EV/EBITDA ratios? Do not round Intermediate calculations, Round your answers to two decimal places. M/B EV/EBITDA

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