Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions)...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) Current assets Long-term assets $ 42,529 46,842 Current liabilities Long-term debt Other liabilities Equity $ 29,750 27,757 14,327 17,537 $ 89,371 Total $ 89,371 Total Locust has 662 million shares outstanding with a market price of $88 a share. a. Calculate the company's market value added. b. Calculate the market-to-book ratio. c. How much value has the company created for its shareholders as a percent of shareholders' equity, that is, as a percent of the net capital contributed by shareholders? Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the company's market value added. Note: Enter your answers in millions. Market value Market value added million million < Required A Required B > Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) Current assets Long-term assets $ 42,529 46,842 Current liabilities Long-term debt Other liabilities Equity $ 29,750 27,757 14,327 17,537 $ 89,371 Total $ 89,371 Total Locust has 662 million shares outstanding with a market price of $88 a share. a. Calculate the company's market value added. b. Calculate the market-to-book ratio. c. How much value has the company created for its shareholders as a percent of shareholders' equity, that is, as a percent of the net capital contributed by shareholders? Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the company's market value added. Note: Enter your answers in millions. Market value Market value added million million < Required A Required B >
Expert Answer:
Posted Date:
Students also viewed these finance questions
-
Taylors 2022 health insurance premiums of $7,800 are paid by her employer. During 2022, Taylor requires surgery on her vocal chords. The cost of the surgery is $10,000 and Taylors insurance covers...
-
A plane beam of natural light with intensity Io falls on the surface of water at the Brewster angle. A fraction p = 0.039 of luminous flux is reflected. Find the intensity of the refracted beam.
-
. Emerging Markets: China. Long-term investment projects such as electrical power generation require a thorough understanding of all attributes of doing business in that country. China is currently...
-
What are the steps in the business buying decision process? What happens in each step?
-
The ledger of Paisley Corporation at December 31, 2014, after the books have been closed, contains the following stockholders equity accounts. Preferred Stock (8,000 shares issued) ..............$...
-
Please help me solve this Given the definitions of f (x ) and g(x below, find the value of g( f (1) ). f (ac) = 2x + 5x - 3 = 4x - 5
-
The following trial balance of Lazy Corporation dated December 31, 20X1, developed by a clerk, contains errors. Trial Balance Accounts Debits Credits Cash $4,700 Trade receivables $3,500 Machine...
-
Managers of multi-unit properties within the same chain can compare operating results across the units they manage. What do you think are some reasons financial performance and profitability could...
-
compare and contrast SQL Server and Oracle database management systems ?
-
When you lose a tenant it is likely that the value of your property at sale will also decline, hence cells G6 and G18 will also be affected. Explain how and why the sale price will change and what...
-
contain analysis and discussion on 2- 3 ratios from each of the primary financial ratio categories (e.g., liquidity, profitability, operating efficiency, and capital structure). A five-year trend...
-
Using examples, indicate the sorts of situations, products, etc., where each of the following promotional tools might be used: a. advertising b. sales promotion c. personal selling d. publicity e....
-
1.Use the Excel document to calculate the following information.Similar to the homework assignment, only enter the information into the yellow cells (D6:H7) and the formulas will update.Note how the...
-
Subprime loans have higher loss rates than many other types of loans. Explain why lenders offer subprime loans. Describe the characteristics of the typical borrower in a subprime consumer loan.
-
A weighted graph _______________ always a complete graph. Fill in the blank with is or is not to make the statement true.
-
The total weight of a trail _______________ the sum of the weights of the edges visited by the trail. Fill in the blank with is or is not to make the statement true.
-
An Euler circuit that visits every vertex _______________ a Hamilton cycle. Fill in the blank with is or is not to make the statement true.
Study smarter with the SolutionInn App