Based on the corporate valuation model the value of a companysoperations is $120

Based on the corporate valuation model the value of a companysoperations is $1200 million. The companys balance sheetshows $80 million in accounts receivable $60 million in inventoryand $100 million in short-term investments that are unrelated tooperations. The balance sheet also shows $90 million inaccounts payable $120 million in notes payable $300 million inlong-term debt $50 million in preferred stock $180 million inretained earnings and $800 million in total common equity.If the company has 30 million shares of stock outstanding what isthe best estimate of the stocks price per share?