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A company with an EBITDA of $1.8 million was recently acquired for $15.5 million. What is the valuation multiple implied in this price? (Round your

A company with an EBITDA of $1.8 million was recently acquired for $15.5 million. What is the valuation multiple implied in this price? (Round your answer to 2 decimal places.

A company with an EBITDA of $1.8 million was recently acquired for $15.5 million. What is the valuation multiple implied in this price? (Round your answer to 2 decimal places.)

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