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Edelman Engines has $13 billion in total assets- of which cash and equivalents total $110...

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Accounting

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Edelman Engines has $13 billion in total assets- of which cash and equivalents total $110 million. Its balance sheet shows $3.6 billion in current liabilities - of which the notes payable balance totals $0.84 billion. The firm also has 18.1 billion in long-term debt and $6.3 billion in common equity. It has 300 milion shares of common stock outstanding, and its stock price is $30 per share. The firm's EBITDA totals $1.26 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

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