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Make sure it is right, please. Edelman Engines has $20 billion in total assets of which cash and equivalents total $80 million. Its balance sheet

Make sure it is right, please.

Edelman Engines has $20 billion in total assets of which cash and equivalents total $80 million. Its balance sheet shows $3 billion in current liabilities of which the notes payable balance totals $1.08 billion. The firm also has $11 billion in long-term debt and $6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $39 per share. The firm's EBITDA totals $1.755 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: ?

image text in transcribed Edelman Engines has $20 billion in total assets - of which cash and equivalents total $80 million. Its balance sheet shows $3 billion in current liabilities of which the notes payable balance totals $1.08 billion. The firm also has $11 billion in long-term debt and $6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $39 per share. The firm's EBITDA totals $1.755 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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