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Edelman Engines has $10 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $1 billion in current liabilities

Edelman Engines has $10 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $1 billion in current liabilities of which the notes payable balance totals $0.86 billion. The firm also has $4.5 billion in long-term debt and $4.5 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $25 per share. The firm's EBITDA totals $0.975 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.

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