The best estimate of the stock's price per share is $41.5
Using this formula
Estimated stock's price per share =
[(Value of a company’s operations+$hort-term investments)-(Accounts payable+Notes payable)-Long-term debt ]/Shares of stock outstanding
Let plug in the formula
Estimated stock's price per share =[$1,200 million+$100 million)-($300 million+$120 million)-$50 million)]/ 25 million shares
Estimated stock's price per share=($1,300 million-$420 million-$50 million)/20 million shares
Estimated stock's price per share=$830 million/20 million shares
Estimated stock's price per share=$41.5
Therefore The best estimate of the stock's price per share is $41.5
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