Question: Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,537 Current liabilities

Here is a simplified balance sheet for Locust Farming: Current assets Long-term

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,537 Current liabilities 46,858 Long-term debt Other liabilities $ 29,742 27,765 14,343 Total Equity $ 89,395 Total 17,545 $ 89,395 Locust has 658 million shares outstanding with a market price of $96 a share.

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