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Problem 3 - 1 1 Enterprise Value - EBITDA Multiple [ LO 2 ] The market value of the equity of Nina, Incorporated, is $

Problem 3-11 Enterprise Value-EBITDA Multiple [LO2]
The market value of the equity of Nina, Incorporated, is $587,000. The balance sheet shows $26,000 in cash and $197,000 in debt, while the income statement has EBIT of $98,000 and a total of $142,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
Enterprise value-EBITDA multiple
times
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