Question 1 Balance Sheet (in $-millions) Assets Liabilities Cash & Short-Term Investments Accounts Receivable $17.00 Accounts Payable $49.00 Short-Term Debt $33.00 $12.00 Inventory Other Current Assets Total Current Assets Property, Plant & Equipment Less Accumulated Depreciation Net Property, Plant & Equipment $25.00 Current Maturities of Long-Term Debt $18.00 $4.00 Other Current Liabilities $9.00 $95.00 Total Current Liabilities $72.00 $164.00 Long-Term Debt $50.00 ($44.00) Capital Lease Obligations $0.00 $120.00 Total Debt $50.00 Goodwill & Intangible Assets Other Long-Term Assets $18.00 Deferred Taxes ($12.00) $23.00 Other Long-Term Liabilities $22.00 Total Liabilities $132.00 Total Assets Shareholders' Equity $256.00 Total Liabilities and Shareholders' Equity $256.00 $124.00 Income Statement (in $-millions) Revenues Cost of Goods Sold Gross Profit $200.00 ($140.00) $60.00 Selling, General, and Administrative Expenses ($15.00) Research and Development ($10.00) Depreciation & Amortization ($15.00) Operating Income $20.00 Other income $3.00 EBIT $23.00 Interest Expense ($7.50) Pretax Income $15.50 Income Tax Net Income ($3.88) $11.63 Basic Share Price Data No. shares outstanding (in millions) 8.10 Last share price (in $) 32.12 Above are the financial statements for Marvelous industries as of December 31. Assume that all cash is excess cash. Using these data calculate the following in ($-millions). Round your answer to two decimals. (do not include the $-symbol in your answer) The book value of debt: $ million The market value of debt: $ million The market value of equity: $ million The enterprise value: $ million