Question: i need help with part c because i got 323.70 and rounded it to 324 and it didnt work Problem 4-1 Market Value Added (LO1)
Problem 4-1 Market Value Added (LO1) Here is a simplified bolance sheet for Locust Farming: Locust has 660 million shares outstanding with a market price of $86 a share. a. Calculate the company's market value added. b. Calculote the market to-book ratio. c. How much volue has the compary created for its shareholders as a percent of shareholders' equity, that is, as a percent of the net capital contributed by shareholders? Complete this questien by entering your answers in the tabs below. Caiculote the companys morket value added. Note: Enter your answers in mitions
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