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Corporate finance _Final Exam * Required Exercise 5 (3 points) In mid-2012, United Airlines (UAL) had a market capitalization of $6.8 billion, debt of $13.7

Corporate finance _Final Exam * Required Exercise 5 (3 points) In mid-2012, United Airlines (UAL) had a market capitalization of $6.8 billion, debt of $13.7 billion, and cash of $7.3 billion. United also had annual revenues of $37.4 billion. 10 Calculate the enterprise value-to- revenue ratio for United Airlines. * (3 Points)

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