The market value of the equity of Ginger, Inc., is $770,000. The balance sheet shows $50,400 in cash and $245,200 in debt, while the income statement has EBIT of $108,200 and a total of $178,400 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: