Lassiter Motors Has a Debt-Equity Ratio of 0

Multiple Choice

Lassiter Motors has a debt-equity ratio of 0.45 and total debt of $186,000.The firm's market-to-book ratio is 2.6.The earnings before interest and taxes is $69,200,interest is $26,400,depreciation and amortization total $87,100,and the tax rate is 34 percent.What is the firm's EV to EBITDA ratio if the firm has $31,000 in cash?

A) 7) 34
B) 5) 47
C) 6) 01
D) 6) 38
E) 7) 87