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Kourtneys Kayaks has equity worth $800 million, debt worth $300 million, and cash of $100 million. Suppose Kourtneys Kayaks has EBITDA of $200 million. What

Kourtneys Kayaks has equity worth $800 million, debt worth $300 million, and cash of $100 million. Suppose Kourtneys Kayaks has EBITDA of $200 million. What is the EV to EBITDA ratio? Select one:

a. 1.5

b. 5.0

c. 4.0

d. 5.5

e. 6.0

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