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After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios: EJH Enterprises has EPS of $1.90, EBITDA

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image text in transcribed After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios: EJH Enterprises has EPS of $1.90, EBITDA of $295 million, $29 million in cash, $40 million in debt, and 101 million shares outstanding. What range of prices is consistent with both sets of multiples? The lowest price within both ranges, the P/E and the EV/EBITDA ranges, is \$ (Round to the nearest cent.) (Click on the following icon in order to copy its contents into a spreadsheet.)

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