The market value of the equity of Skipper, Incorporated, is $590,000. The balance sheet shows $36,000 in cash and $193,000 in debt, while the income statement has EBIT of $92,000 and a total of $137,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Enterprise value-EBITDA multiple times

The market value of the equity of Skipper, Incorporated, is $590,000. The batance sheet shows $36,000 in cash and $193,000 in debt, While the income statement has EBIT of $92,000 and a total of $137,000 in depreciation and amortization. What is the enterprise: value-EBITDA multiple for this company? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16