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

Return t Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet (s in millions) Current assets Long-term assets 42,534 Current liabilities $29,745 27,762 14,337 17,542 $ 89,386 46,852Long-term debt Other liabilities -Equity Total $ 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.) Answer is complete and correct. Market value 62,031milion 44,489 million Market value added b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) Prey 1 of 4111 Next >

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