The market value of the equity of Skipper, Inc., is $700,000. The balance sheet shows $44,800 in cash and $224,900 in debt, while the income statement has EBIT of $101,900 and a total of $162,300 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.) Answer is complete but not entirely correct. Enterprise value-EBITDA multiple 3.67 times