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The market value of the equity of Ginger, Inc., is $750,000. The balance sheet shows $48,800 in cash and $239,400 in debt, while the income

The market value of the equity of Ginger, Inc., is $750,000. The balance sheet shows $48,800 in cash and $239,400 in debt, while the income statement has EBIT of $106,400 and a total of $173,800 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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