What is the best estimate of its stock price per share

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Reference no: EM131980731

Based on the corporate valuation model, the value of Chen Lin Inc.'s operations is $ 852 million. Its balance sheet shows $ 112 million in notes payable, $ 100 million in long-term debt, $ 16 million in preferred stock, $140 million in retained earnings, and $280 million in total common equity. If the company has 21 million shares of stock outstanding, what is the best estimate of its stock price per share?

Can you show me how to solve this in excel please

Reference no: EM131980731

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