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6. Stevens' Widget Company (SWC) is a closely held manufacturing firm, with no public market for its stock. Its most recent EBITDA was $1,500,000, and

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6. Stevens' Widget Company (SWC) is a closely held manufacturing firm, with no public market for its stock. Its most recent EBITDA was $1,500,000, and it has outstanding debt of $2,500,000: Cash assets are minimal. Elemental Widgets, Inc. (EWI) is a publicly held firm in the same industrial sector as SWC EWI is similar in size and growth characteristics to SWC. EwI's enterprise value is $15,000,000. Its most recent EBITDA was $3,000,000, and it has outstanding debt of $1,000,000 a) What is EWI's Enterprise value-to-EBITDA multiple? b) Based on EWI's Enterprise value-to-EBITDA multiple, what is the swe's enterprise value? c) Based on EWI's Enterprise value-to-EBITDA multiple, what is the market value of SWC's equity

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