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Business, 20.09.2020 17:01 carolinaleija12

Edelman Engines has $20 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $3 billion in current liabilities — of which the notes payable balance totals $0.84 billion. The firm also has $10 billion in long-term debt and $7 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $20 per share. The firm's EBITDA totals $1.5 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.

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Edelman Engines has $20 billion in total assets — of which cash and equivalents total $120 million....
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