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Edelman Engines has $18 billion in total assets - of which cash and equivalents total $80 million. Its balance sheet shows $2.? billion in current liabilities - of which the notes payable balanoe totals $1.02 billion. The ?rm also has $8.1 billion in long-term debt and $12 billion in common equity. It has 600 million shares of common stock outstanding, and its stock price is $21 per share. The ?rm's EBITDA totals $1.89 billion. Assume the ?rm's debt is priced at par, so the market value of its debt equals its book value.
Question 1: What are Edelman's marketlbook and its EWEBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places
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