Company B, is a private company that designs, manufactures and distributes certain consumer products. In this fiscal year, Company B had revenues of $100 Millions of USDs and earnings of $40 of Millions of USDs. Company B has filed a registration statement with the SEC for its IPO. If the industry average Price/Earnings ratio and Price/Revenues ratio for the recent fiscal year were 14 and 0.8 respectively. Estimate the IPO price for Company B using the Price/Revenues ratio and assuming that they will issue 15 Million shares