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Back to Assignment Attempts Average/4 5. Problem 4.04 (Market-Book and EV-EBITDA Ratios) U eBook Problem Walk-Through Edelman Engines has $20 billion in total assets- of
Back to Assignment Attempts Average/4 5. Problem 4.04 (Market-Book and EV-EBITDA Ratios) U eBook Problem Walk-Through Edelman Engines has $20 billion in total assets- of which cash and equivalents total $110 million. Its balance sheet shows $4 billion in current liabilities of which the notes payable balance totals $1.05 billion. The firm also has $9 billion in long-term debt and $7 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $23 per share. The firm's EBITDA totals $1.38 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 Grade it Now Save & Continue Continue without saving
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