Check My Work eBook Edelman Engines has $16 billion in total assets of which cash and equivalents total $90 million. Its balance sheet shows $1.6 billion in current liabilities of which the notes payable balance totals $0.86 billion. The firm also has $7.2 billion in long-term debt and $7.2 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $35 per share. The firm's EBITDA totals $2.1 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: 1.94 EV/EBITDA: 14.49