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Edelman Engines has $8 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $1.2 billion in current liabilities

Edelman Engines has $8 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $1.2 billion in current liabilities of which the notes payable balance totals $0.82 billion. The firm also has $6 billion in long-term debt and $0.8 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $38 per share. The firm's EBITDA totals $1.824 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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