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1. 2.. Edelman Engines has $15 billion in total assets of which cash and equivalents total $90 million. Its balance sheet shows $2.25 billion in
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Edelman Engines has $15 billion in total assets of which cash and equivalents total $90 million. Its balance sheet shows $2.25 billion in current liabilities of which the notes payable balance totals $1.18 billion. The firm also has $6.75 billion in long-term debt and $6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $21 per share. The firm's EBITDA totals $0.756 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: A company has an EPS of $3.45, a book value per share of $36.57, and a market/book ratio of 3.3x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Do not round intermediate calculations. Round your answers to two decimal placesStep by Step Solution
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