Award: $10\mathrm{.}00$ points

Problem $3-11$ Enterprise Value$-$EBITDA Multiple $[$LO$2]$

The market value of the equity of Nina, Incorporated, is $$597,000.$ The balance sheet shows $$36,000$ in cash and $$207,000$ in debt, while the income statement has EBIT of $$108,000$ and a total of $$152,000$ in depreciation and amortization. What is the enterprise value$-$EBITDA multiple for this company? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Enterprise value$-$EBITDA multiple

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