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8. Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $17 billion...

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8. Problem 4.04 (Market-Book and EV-EBITDA Ratios) eBook Problem Walk-Through Edelman Engines has $17 billion in total assets - of which cash and equivalents total $80 million. Its balance sheet shows $3.4 billion in current liabilities - of which the notes payable balance totals $1.17 billion. The firm also has $9.35 billion in long-term debt and $4.25 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $37 per share. The firm's EBITDA totals $4.144 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places. M/B: EV/EBITDA: Save & Continue Continue without saving

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