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The market value of the equity of Nina, Incorporated, is $597,000. The balance sheet shows $36,000 in cash and $207,000 in debt, while the income

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The market value of the equity of Nina, Incorporated, is $597,000. The balance sheet shows $36,000 in cash and $207,000 in debt, while the income statement has EBIT of $108,000 and a total of $152,000 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 3.23 times

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