Ex. 6 You are analysing the potential acquisition of company Z and need to calculate the enterprise Value EV to revenue multiple RM of company Z considering the following inf \begin{tabular}{l|c|l|} \hline Closing share price Z & 36 & EUR per share (at \\ \hline Number of shares outstanding & 500,000 & \\ \hline Equity of company Z & 1,800,000 & EUR mn \\ \hline Debt of company Z & 1,550,000 & EUR mn \\ \hline Cash of company Z & 300,000 & EUR mn \\ \hline Total Annual Revenue & 1,900,000 & EUR mn \\ \hline \end{tabular} Considering that the industry average ratio EV/RM (enterprise Value to revenue multiple) is of 1.5x, would you advise the acquisition of company Z