Problem 4-1 Market Value Added (LO1) Here is a simplified balance sheet for Locust Farming: Locust has 658 million shares outstanding with a market price of $96 a share b. Calculate the markel-to-book ratio. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. 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 fitm by its shareholders? (Enter your answer as a percentoge rounded to the nearest whole number.)