Jaxon’s has total revenue of $418,300, earnings before interest and taxes of $102,600, depreciation of $59,200, and a tax rate of 30 percent. The firm is all-equity financed with 15,000 shares outstanding at a book value of $38.03 a share and a price-to-book ratio of 3.2. What is the firm’s EV/EBITDA ratio if the firm has excess cash of $49,300?