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Here is a simplified balance sheet for Locust Farming: Locust has 6 5 7 million shares outstanding with a market price of $ 8 3

Here is a simplified balance sheet for Locust Farming:
Locust has 657 million shares outstanding with a market price of $83 a share.
a. Calculate the company's market value added. (Enter your answers in millions.)
b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.)
Market-to-book ratio
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