Q$3.$

Lockheed Martin designs and builds fighter planes and aerospace technology.

EPS$=$$$7\mathrm{.}58$; EBITDA $=$$$450M$

Debt $=$$$150M$; Cash $=$$$2\mathrm{.}5M$

You need to determine the number of shares outstanding $($in millions$).$ An investment banker has provided you with the following data:

$\backslash$table$[[,$EV$/$EBITDA$,$P$/$E Ratio$],[$Lockheed Martin,$9\mathrm{.}15x,24\mathrm{.}55x$