8.Edelman Engines has $17 billion in total assets of which cash and equivalents total $80 million. Its balance sheet shows $3.4 billion in current liabilities of which the notes payable balance totals $1.07 billion. The firm also has $9.35 billion in long-term debt and $4.25 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $23 per share. The firm's EBITDA totals $2.254 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: