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Edelman Engines has $16 billion in total assets - of which cash and equivalents total $100 million. Its balance sheet shows $2.4 billion in

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Edelman Engines has $16 billion in total assets - of which cash and equivalents total $100 million. Its balance sheet shows $2.4 billion in current liabilities - of which the notes payable balance totals $1.2 billion. The firm also has $8 billion in long-term debt and $5.6 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $21 per share. The firm's EBITDA totals $1.176 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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