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Check My Work (3 remaining) eBook Problem Walk-Through Edelman Engines has $12 billion in total assets of which cash and equivalents total $80 million. Its

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Check My Work (3 remaining) eBook Problem Walk-Through Edelman Engines has $12 billion in total assets of which cash and equivalents total $80 million. Its balance sheet shows $1.8 billion in current liabilities - of which the notes payable balance totals $1.18 billion. The firm also has $5.4 billion in long-term debt and $4.8 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $24 per share. The firm's EBITDA totals $1.08 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

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