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The market value of the equity of Ginger, Inc., is $740,000. The balance sheet shows $48,000 in cash and $236,500 in debt, while the income
The market value of the equity of Ginger, Inc., is $740,000. The balance sheet shows $48,000 in cash and $236,500 in debt, while the income statement has EBIT of $105,500 and a total of $171,500 in depreciation and amortization. What is the enterprise valueEBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise valueEBITDA multiple times
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