Question: Here is a simplified balance sheet for Locust Farming: Locust has 657 million shares outstanding with a market price of $83 a share. a. Calculate

Here is a simplified balance sheet for Locust Farming:

Locust has 657 million shares outstanding with a market price of $83 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?

Current assets$42,524 Current llablitles $29,755 Long-term assets46,832 Long-term debt 27,752 Other Ilablitles14,317 17,532 $89,356 Equity Total $89,356 Total

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