The market value of the equity of Thompson, Inc., is $580,000. The balance sheet shows $35,000 in cash and $190,000 in debt, while the income statement has EBIT of $91,000 and a total of $135,000 in depreciation and amortization.
Required:
What is the enterprise value-EBITDA multiple for this company? (Do not round intermediate calculations.Round your answer to 2 decimal places (e.g., 32.16).)
Enterprise value-EBITDA multiple times