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Hogwarts Inc. has 18 Billion in total assets - of which cash & cash equivalents total $200 million. Its balance sheet shows 1.7 billion in

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Hogwarts Inc. has 18 Billion in total assets - of which cash & cash equivalents total $200 million. Its balance sheet shows 1.7 billion in current liabilities - of which the notes payable balance totals 2 billion. Hogwarts Inc. also has 11.2 billion in long-term debt and 5.1 billion in common equity. Hogwarts Inc. has 350 million shares of common stock outstanding, and its stock price is $22 per share. Hogwarts Inc.'s EBITDA totals $1.748 billion. Assume the company's debt is priced at par, so the market value of its debt equals its book value. 1. What is Hogwarts Inc.'s market/book value? 2. What is Hogwarts Inc.'s EV/EBITDA ratio? (Show your work)

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