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Problem 4.04 (Market-Book and EV-EBITDA Ratios) Question 11 of 20 Check My Work (2 remaining) eBook Problem Walk-Through Edelman Engines has $13 billion in total

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Problem 4.04 (Market-Book and EV-EBITDA Ratios) Question 11 of 20 Check My Work (2 remaining) eBook Problem Walk-Through Edelman Engines has $13 billion in total assets of which cash and equivalents total $90 million. Its balance sheet shows $1.95 billion in current liabilities of which the notes payable balance totals $0.94 billion. The firm also has $5.85 billion in long-term debt and $5.2 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $31 per share. The firm's EBITDA totals $1.736 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: 2.38 EV/EBITDA: 11.09 Hide Feedback Partially Correct Check My Work (2 remaining)

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