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Problem 4 . 1 0 ( M - B , SHARE PRICE, and EV - EBITDA ) Question 1 6 of 2 Check My Work

Problem 4.10(M-B, SHARE PRICE, and EV-EBITDA)
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You are given the following information: Stockholders' equity as reported on the firm's balance sheet =$2 billion, price/earings ratio =17.5, common shares outstanding =180 million, and market/book ratio =1.4. The firm's market value of total debt is $8 billion, the firm has cash and equivalents totaling $230 million, and the firm's EBITDA equals $2 billion. What is the price of a share of the company's common stock? Do not round intermediate calculations. Round your answer to the nearest cent.
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What is the firm's EV/EBITDA? Do not round intermediate calculations. Round your answer to two decimal places.
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