QUESTION 15 A company had total revenues of $62 million, operating margin of 38.4%, and depreciation and amortization expense of $10 million over the trailing twelve months. The company currently has...

Question 15

Extracted text: QUESTION 15 A company had total revenues of $62 million, operating margin of 38.4%, and depreciation and amortization expense of $10 million over the trailing twelve months. The company currently has $244 million in total debt and $128 million in cash and cash equivalents. The company's shares are currently trading at $30.3 per share and there are 6 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place.