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The market value of the equity of Hudgins, Inc., is $587,000. The balance sheet shows $26,000 in cash and $197,000 in debt, while the income

The market value of the equity of Hudgins, Inc., is $587,000. The balance sheet shows $26,000 in cash and $197,000 in debt, while the income statement has EBIT of $98,000 and a total of $142,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?

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