Edelman Engines has $20 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 $0.84 billion. The firm also has $10 billion in long-term debt and $7 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $20 per share. The firm's EBITDA totals $1.5 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.

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.