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9 Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet S in millions) Current assets Long-term assets 42, 540 Current liabilities

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9 Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet S in millions) Current assets Long-term assets 42, 540 Current liabilities 46, 864 Long-term debt 29, 739 27, 768 14, 349 17, 548 $ 89, 404 Other liabilities points Equity S 89,404 Total Total 2 Locust has 661 million shares outstanding with a market price of $99 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Print Market value65. 65,493 million Market value addedS 47,891 million b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) 3.73 Market-to-book ratio

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