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The market value of the equity of Nina, Incorporated, is $ 5 8 9 , 0 0 0 . The balance sheet shows $ 2

The market value of the equity of Nina, Incorporated, is $589,000. The balance sheet shows $28,000 in cash and $199,000 in debt, while the income statement has EBIT of $100,000 and a total of $144,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
Enterprise value-EBITDA multiple
times
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