Here is a simplified balance sheet for Locust Farming:

Locust Farming Balance Sheet ($ in millions) Current assets $ 42,539 Current liabilities $ 29,740 Long-term assets 46,862 Long-term debt 27,767 Other liabilities 14,347 Equity 17,547 Total $ 89,401 Total $ 89,401

Locust has 660 million shares outstanding with a market price of $98 a share.

a. Calculate the company's market value added. (Enter your answers in millions.)

Here is a simplified balance sheet for Locust Farming:

Locust Farming Balance Sheet ($ in millions) Current assets $ 42,539 Current liabilities $ 29,740 Long-term assets 46,862 Long-term debt 27,767 Other liabilities 14,347 Equity 17,547 Total $ 89,401 Total $ 89,401

Locust has 660 million shares outstanding with a market price of $98 a share.

a. Calculate the company's market value added. (Enter your answers in millions.)

Market Value _______________ MIllion

Market Value Added_________Million