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17. Jaxon's has total revenue of $418,300, earnings before interest and taxes of $102,600, depreciation of $59,200, and a tax rate 30 percent. The firm
17. Jaxon's has total revenue of $418,300, earnings before interest and taxes of $102,600, depreciation of $59,200, and a tax rate 30 percent. The firm has debt with a market value of $1,500,000, equity financing with 15,000 shares outstanding at a book value of $38.03 a share and a price-to-book ratio of 1.2. What is the firm's EV/EBITDA ratio if the firm has cash of $49,300
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