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Edelman Engines has $2 billion in total assets of which cash and equivalents total $80 million. Its balance sheet shows $0,4 billion in current liabilities

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Edelman Engines has $2 billion in total assets of which cash and equivalents total $80 million. Its balance sheet shows $0,4 billion in current liabilities of which the notes payable balance totals $0.9 billion. The firm also has $0.9 billion in long-term debt and $0.7 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $22 per share. The firm's EBITDA totals $2.31 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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