3. You are considering making a bid for a firm with 1.50 M shares outstanding at a current market price of $30/share. The firm has a March fiscal year end. The firm's 9/30/19 10-Q reports year-to-date revenues of $16.08 M; its 9/30/18 10-Q reports year-to-date revenues of $10.80 M; and its 3/31/19 10-K reports annual revenues of $25.075 M. The most recent 10-Q also reports short-term debt of $0.78 M, long-term debt of $3.615 M, capitalized leases of $0.14 M, preferred stock of $0.01 M, and cash and cash equivalents of $0.525 M. Assuming that the mean Enterprise Value/Revenue multiple for a set of comparable firms is 1.8x (based on LTM revenue), and that this is the appropriate valuation multiple, what is the implied per share equity value of the target firm? 3. You are considering making a bid for a firm with 1.50 M shares outstanding at a current market price of $30/share. The firm has a March fiscal year end. The firm's 9/30/19 10-Q reports year-to-date revenues of $16.08 M; its 9/30/18 10-Q reports year-to-date revenues of $10.80 M; and its 3/31/19 10-K reports annual revenues of $25.075 M. The most recent 10-Q also reports short-term debt of $0.78 M, long-term debt of $3.615 M, capitalized leases of $0.14 M, preferred stock of $0.01 M, and cash and cash equivalents of $0.525 M. Assuming that the mean Enterprise Value/Revenue multiple for a set of comparable firms is 1.8x (based on LTM revenue), and that this is the appropriate valuation multiple, what is the implied per share equity value of the target firm