Question: Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,534 Current liabilities 46,852

Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,534 Current liabilities 46,852 Long-term debt Other liabilities Equity $ 89,386 Total $29,745 27,762 14,337 17,542 $ 89,386 Total

Locust has 667 million shares outstanding with a market price of $93 a share.

a. Calculate the company's market value-added. (Enter your answers in millions.)

b. Calculate the market-to-book ratio.

c. How much value has the company created for its shareholders as a percentage of shareholders' equity, that is, the net capital contributed to the firm by its shareholders?

DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION

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