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The market value of the equity of Skipper, Incorporated, is $720,000. The balance sheet shows $46,400 in cash and $230,700 in debt, while the

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The market value of the equity of Skipper, Incorporated, is $720,000. The balance sheet shows $46,400 in cash and $230,700 in debt, while the income statement has EBIT of $103,700 and a total of $166,900 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

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