Question: M/B: EV/EBITDA Edelman Engines has $19 billion in total assets of which cash and equivalents total $100 million. Its balance sheet shows $2.85 billion in

M/B: EV/EBITDA
Edelman Engines has $19 billion in total assets of which cash and equivalents total $100 million. Its balance sheet shows $2.85 billion in current liabilities of which the notes payable balance totals $1.19 billion. The firm also has $10.45 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 $23 per share. The firm's EBITDA totals $0.g56 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. E-V/EBITDA:
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