Consider the following information of a firm:
Price per share: $40.
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Shares outstanding: 4 million.
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Market value of debt: $150 million.
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Book value of debt: $112 million.
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Cash and investments: $10 million.
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Net income: $20 million.
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Net income from continuing operations: $15 million.
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Interest expense: $5 million.
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Depreciation and amortization: $8 million.
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Taxes: $2 million.
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The EV/EBITDA ratio for the firm is:

The potential gains on short position generally are ______ and the potential losses are ______.

If you write a put option to sell a stock at $30 in 30 days, your option position is ______ and your exposure to the risk of the stock is ______.

Which of the following would cause a lessee to prefer to record an operating lease?

To estimate the average cost of a food-shopping event, Delcore, Inc. randomly sampled 100 shoppers and found a sample mean of $72. Assuming a population standard deviation of $5, a 99% confidence interval for average cost for a food-shopping event is _______.