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4. 2.5Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $18 billion in total assets- of which cash and equivalents total $90

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4. 2.5Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $18 billion in total assets- of which cash and equivalents total $90 million. Its balance sheet shows $2.7 billion in current liabilities - of which the notes payable balance totals $1.19 billion. The firm also has $10.8 billion in long-term debt and $4.5 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $22 per share. The firm's EBITDA totals $1.056 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

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