eBook Problem Waltk-Through Edelman Engines has $20 billion in total assets – of which cash and equivalents total $120 million. Its balance sheet shows $4 billion in current liabilities - of which the notes payable balance totals $0.89 billion. The firm also has $10 billion in long-term debt and $6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $20 per share. The firm's EBITDA totals $0.9 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 O to two decimal places. O M/B: EV/EBITDA:

eBook Problem Waltk-Through Edelman Engines has $20 billion in total assets – of which cash and equivalents total $120 million. Its balance sheet shows $4 billion in current liabilities - of which the notes payable balance totals $0.89 billion. The firm also has $10 billion in long-term debt and $6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $20 per share. The firm's EBITDA totals $0.9 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 O to two decimal places. O M/B: EV/EBITDA:

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 3P: Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance...

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