Problem $3-26$ Enterprise Value$-$EBITDA Multiple $[$LO $2]$

The market value of the equity of Skipper, Incorporated, is $$660,000.$ The balance sheet shows $$41,600$ in cash and $$213,300$ in debt, while the income statement has EBIT of $$98,300$ and a total of $$153,100$ in depreciation and amortization. What is the enterprise valueEBITDA multiple for this company?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Enterprise value$-$EBITDA multiple

times