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4 & 5 HW Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,542 Current liabilities 46,868 Long-term debt Other liabilities Equity

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4 & 5 HW Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,542 Current liabilities 46,868 Long-term debt Other liabilities Equity $ 89,410 Total $ 29, 737 27,770 14,353 17.550 $ 89,410 Total Locust has 663 million shares outstanding with a market price of $101 a share. a. Calculate the company's market value added. (Enter your answers in millions.) million Market value Market value added million nces b. Calculate the market-to-book ratio. (Round your Market-to-book ratio Market-to-book ratio c. How much value has the company created for its shareholders as a percent of the investment of the equity holders? Increase in value of equity Prey 1 of 16 !!! Next >

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