Question
delman Engines has $19 billion in total assets of which cash and equivalents total $120 million. Its balance sheet shows $2.85 billion in current liabilities
delman Engines has $19 billion in total assets of which cash and equivalents total $120 million. Its balance sheet shows $2.85 billion in current liabilities of which the notes payable balance totals $0.8 billion. The firm also has $10.45 billion in long-term debt and $5.7 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $26 per share. The firm's EBITDA totals $1.17 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: x
EV/EBITDA
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