Problem 4-1 Market Value Added (LO1) Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) $ 42,527 Current liabilities Long-term debt 46,838 Other liabilities Equity Total Current assets Long-term assets Total $ 89,365 Locust has 660 million shares outstanding with a market price of $86 a share. a. Calculate the company's market value added. b. Calculate the market-to-book ratio. c. How much value has the company created for its shareholders as a percent of shareholders' equity, that is, as a percent the net capital contributed by shareholders? Required A Required B Required C Complete this question by entering your answers in the tabs below. Increase in value of equity $ 29,752 27,755 14,323 17,535 $ 89,365 Answer is complete but not entirely correct. How much value has the company created for its shareholders as a percent of shareholders' equity, that is, as a percent of the net capital contributed by shareholders? Note: Enter your answer as a percentage rounded to the nearest whole number. 94 X %

i need help with part c

Problem 4-1 Market Value Added (LO1) Here is a simplified balance 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. Calculate the market-to-book ratio. c. How much value has the company created for its shareholders as a percent of shareholders' equity, that is, as a percent the net capital contributed by shareholders? * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. How much value has the company created for its sharehoiders as a percent of sharehoiders' equity, that is, as a percent of the net capital contributed by shareholders? Note: Enter your answer as a percentage rounded to the nearest whole number