Question: Need help with b & c Homework: Measuring Corporate Performance Assignment 9 Saved 1 Here is a simplified balance sheet for Locust Farming: Locust Farming
Need help with b & c

Homework: Measuring Corporate Performance Assignment 9 Saved 1 Here is a simplified balance sheet for Locust Farming: Locust Farming 2.5 Balance Sheet points (I in millions) Current assets $ 42,544 Current liabilities 5 29,735 Long-term assets 46,372 Long-term debt 27,772 Other liabilities 14,357 El Equity 17, 552 | g Locust has 665 million shares outstanding with a market price of $103 a share. _ a. Calculate the company's market value added, (Enter your answers in millions.) Print Market value Market value added b. Calculate the markettobook ratio. (Round your answer to 2 decimal places.) Marettobuok ratio I I 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 Iwhole number.) Increase in vahe at eqiity [ I96
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