1. Precious Metal Mining has $13 million in sales, its ROE is 14%, and its total assets turnover is 4. Common equity on the firms balance sheet is 80% of its total assets. What is its net income? Do not round intermediate calculations. Round your answer to the nearest cent.

2.

You are given the following information: Stockholders' equity as reported on the firms balance sheet = $2.75 billion, price/earnings ratio = 9.5, common shares outstanding = 190 million, and market/book ratio = 2.5. The firm's market value of total debt is $6 billion, the firm has cash and equivalents totaling $220 million, and the firm's EBITDA equals $1 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.

$ ___

What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.

____