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4. Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $12 billion in total assets- of which cash and equivalents total $100

4. Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $12 billion in total assets- of which cash and equivalents total $100 million. Its balance sheet shows $1.8 billion in current liabilities of which the notes payable balance totals $0.92 billion. The firm also has $6.6 billion in long-term debt and $3.6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $22 per sirare. The firm's EBITDA totals $0.99 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: Grade it Now Save & Continue
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Ederman Engines has $12 bilion in total assets - of which cash and equivalents total $100 mimbo. Its balance sheet shows $1.8 bilien in current liabilites - of which the notes payable balance totals $0.92 balion. The firm also bas $6.6 bilion in loog-term debt and $3.6 billon in common equity, ft has 300 millice shares of common stock outstanding, and its stock price is $22 per sqare. The firm's E8rTOA totals $0.99 bilion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are. Fdeiman's market/book and its EV/EarTOA ratios? Do not round intermedate calculations. Round your annwers to two decinal places. M/B: x EV/EEITOA

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