Question: FIN 571 Finance https:ewconnect.mheducation.com/flow/connect.html Wk 4 - Practice: Wk 4 Questions [due Sat] i Saved 11 ($ in millions) Current assets $42, 541 Current liabilities

FIN 571 Finance

FIN 571 Finance
https:ewconnect.mheducation.com/flow/connect.html Wk 4 - Practice: Wk 4 Questions [due Sat] i Saved 11 ($ in millions) Current assets $42, 541 Current liabilities $29, 738 Long-term assets 46, 866 Long-term debt 27, 769 0.5 Other liabilities 14, 351 points Equity 17, 549 Total $89, 407 Total $89, 407 eBook Locust has 662 million shares outstanding with a market price of $100 a share. Hint a. Calculate the company's market value added. (Enter your answers in millions.) Print Market value $ 56.200 million Market value added : million References b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) Market-to-book ratio c. How much value as the company created for its shareholders as a percent of shareholders' equity, that is, the net capital contributed to the firm by its shareholders? (Enter your answer as a percentage rounded to the nearest whole number.) Increase in value of equity 20 % Type here to search

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!