The market value of the equity of Ginger, Inc., is $740,000. The balance sheet shows $48,000 in cash and $236,500 in debt, while the income statement has EBIT of $105,500 and a total of $171,500 in depreciation and amortization.
What is the enterprise value−EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Enterprise value−EBITDA multiple times