You are given the following information from As consolidated financials and Bs financials: (The market cap number is the share price times number of shares. All of the other numbers come from financial statements).

Item	A	B
Market capitalization	4000	1500
Debt	800	300
Cash	700	90
EBIT	700	280
Depreciation	70	80
Amortization	25	20

Assume that Company A (which is a publicly traded company) has a 69% cross holding in Company B (also a publicly traded company).

a) What is the EV/EBITDA multiple for Company A in a consolidated basis?

b) What would the EV/EBITDA multiple for Company A be, just as a parent company?