Edelman engines has $18 billion in total assets — of which cash and equivalents total $120 million. its balance sheet shows $2.7 billion in current liabilities — of which the notes payable balance totals $1.2 billion. the firm also has $8.1 billion in long-term debt and $7.2 billion in common equity. it has 300 million shares of common stock outstanding, and its stock price is $46 per share. the firm's ebitda totals $1.794 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.

Market/Book Ratio = 1.92 times

EV/EBITDA = 13.65 times

Explanation:

As for the information provided,

EBITDA = $1.794 billion

The value of common equity in books = $7.2 billion

Outstanding shares = 300 million

Share price per share = $46

Therefore, market value of common equity = $46 300 million

= $13.8 billion

Therefore, market/book ratio = $13.8 billion/$7.2 billion

= 1.9167 times

EV represents enterprise value which is the market value of equity + total debt - cash and cash equivalents

= $13.8 billion + $8.1 billion + $2.7 billion - 0.120 billion

= $24.48 billion

EV/EBITDA = $24.48 billion/$1.794 billion = 13.65 times

15 pounds of apples and 6 cups of flour

answer; human resource management.(hrm);