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11.Edelman Engines has $20 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $4 billion in current liabilities

11.Edelman Engines has $20 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $4 billion in current liabilities of which the notes payable balance totals $0.88 billion. The firm also has $13 billion in long-term debt and $3 billion in common equity. It has 900 million shares of common stock outstanding, and its stock price is $21 per share. The firm's EBITDA totals $2.268 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.

a. M/B:

b. EV/EBITDA:

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