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3. B 1. O 5. eBook Problem Walk-Through Edelman Engines has $20 billion in total assets - of which cash and equivalents total $80 million.
3. B 1. O 5. eBook Problem Walk-Through Edelman Engines has $20 billion in total assets - of which cash and equivalents total $80 million. Its balance sheet shows $3 billion in current o Habilities - of which the notes payable balance totals $0.81 billion. The firm also has $9 billion in long-term debt and $8 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $37 per share. The firm's EBITDA totals $2.22 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. 6. 7. 8. M/B: 9. EV/EBITDA: 10. 11
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