Edelman Engines has $19 billion in total assets — of which cash and equivalents total $90...

Edelman Engines has $19 billion in total assets — of which cash and equivalents total $90 million. Its balance sheet shows $3.8 billion in current liabilities — of which the notes payable balance totals $0.89 billion. The firm also has $9.5 billion in long-term debt and $5.7 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $24 per share. The firm's EBITDA totals $1.08 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: _____

Expert Solution

jeff jeffy answered 1 year ago

Edelman Engines has $18 billion in total assets — of which cash and equivalents total $90...

Edelman Engines has $18 billion in total assets — of which cash and equivalents total $90 million. Its balance sheet shows $2.7 billion in current liabilities — of which the notes payable balance totals $0.99 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 $31 per share. The firm's EBITDA totals $1.395 billion. Assume the firm's debt is priced...

Edelman Engines has $18 billion in total assets — of which cash and equivalents total $100...

Edelman Engines has $18 billion in total assets — of which cash and equivalents total $100 million. Its balance sheet shows $2.7 billion in current liabilities — of which the notes payable balance totals $0.82 billion. The firm also has $8.1 billion in long-term debt and $7.2 billion in common equity. It has 600 million shares of common stock outstanding, and its stock price is $22 per share. The firm's EBITDA totals $1.848 billion. Assume the firm's debt is priced...

Edelman Engines has $17 billion in total assets — of which cash and equivalents total $110...

Edelman Engines has $17 billion in total assets — of which cash and equivalents total $110 million. Its balance sheet shows $2.55 billion in current liabilities — of which the notes payable balance totals $1.12 billion. The firm also has $9.35 billion in long-term debt and $5.1 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $25 per share. The firm's EBITDA totals $0.9 billion. Assume the firm's debt is priced...

Edelman Engines has $15 billion in total assets — of which cash and equivalents total $120...

Edelman Engines has $15 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 $1.1 billion. The firm also has $7.5 billion in long-term debt and $4.5 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $22 per share. The firm's EBITDA totals $0.792 billion. Assume the firm's debt is priced...

Edelman Engines has $11 billion in total assets — of which cash and equivalents total $80...

Edelman Engines has $11 billion in total assets — of which cash and equivalents total $80 million. Its balance sheet shows $1.65 billion in current liabilities — of which the notes payable balance totals $0.85 billion. The firm also has $7.7 billion in long-term debt and $1.65 billion in common equity. It has 600 million shares of common stock outstanding, and its stock price is $50 per share. The firm's EBITDA totals $4.5 billion. Assume the firm's debt is priced...

Edelman Engines has $18 billion in total assets — of which cash and equivalents total $120...

Edelman Engines has $18 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $3.6 billion in current liabilities — of which the notes payable balance totals $1.04 billion. The firm also has $9.9 billion in long-term debt and $4.5 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $26 per share. The firm's EBITDA totals $1.248 billion. Assume the firm's debt is priced...

Edelman Engines has $14 billion in total assets — of which cash and equivalents total $100...

Edelman Engines has $14 billion in total assets — of which cash and equivalents total $100 million. Its balance sheet shows $2.1 billion in current liabilities — of which the notes payable balance totals $0.91 billion. The firm also has $7.7 billion in long-term debt and $4.2 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $26 per share. The firm's EBITDA totals $1.014 billion. Assume the firm's debt is priced...

Edelman Engines has $13 billion in total assets. Its balance sheet shows $2.6 billion in current...

Edelman Engines has $13 billion in total assets. Its balance sheet shows $2.6 billion in current liabilities, $9.1 billion in long-term debt, and $1.3 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $34 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.

Cash and equivalents $620 Operating assets 800 Property, plant, and equipment 3,200 Other assets 185 Total...

Cash and equivalents $620 Operating assets 800 Property, plant, and equipment 3,200 Other assets 185 Total assets $4,805 Current liabilities $1,040 Long-term debt 1,635 Other liabilities 195 Total liabilities $2,870 Paid in capital $415 Retained earnings 1,520 Total equity $1,935 Total liabilities and equity $4,805 Kiwi Fruit Company Income Statement Net sales $8,100 Cost of goods sold −6,700 Gross profit $1,400 Operating expense −400 Operating income $1,000 Other income 180 Net interest expense −200 Pretax income $980 Income tax −270...

Cisco Systems has total assets of $35.841 billion, total debt of $9.112 billion, and net sales...

Cisco Systems has total assets of $35.841 billion, total debt of $9.112 billion, and net sales of $22.835 billion. Its net profit margin for the year is 20 percent, while the operating profit margin is 30 percent. What are Cisco’s net income, EBIT ROA, ROA, and ROE? (Enter amount in billion. Round net income to 3 decimal places, e.g. 25.335. Round EBIT ROA, ROA and ROE to 1 decimal place, e.g.12.2%.) Net income $ billion EBIT ROA % ROA %...

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