The market value of the equity of Thompson, Inc., is $589,000. The balance sheet shows $28,000 in cash and $199,000 in debt, while the income statement has EBIT of $100,000 and a total of $144,000 in depreciation and amortization. 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