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Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,537 Current liabilities 46,858
Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,537 Current liabilities 46,858 Long-term debt Other liabilities Equity $ 89,395 Total $ 29,742 27,765 14,343 17,545 $ 89,395 Total Locust has 658 million shares outstanding with a market price of $96 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Market value million Market value added million w Prey of 3
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