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Here is a simplified balance sheet for Locust Farming: Locust Farming Balance Sheet ($ in millions) Current assets $ 42,542 Current liabilities $ 29,737 Long-term
Here is a simplified balance sheet for Locust Farming:
Locust Farming
Balance Sheet
($ in millions)
Current assets
$
42,542
Current liabilities
$
29,737
Long-term assets
46,868
Long-term debt
27,770
Other liabilities
14,353
Equity
17,550
Total
$
89,410
Total
$
89,410
c.How much value as the company created for its shareholders as a percent of shareholders' equity, that is, the net capital contributed to the firm by its shareholders?(Enter your answer as a percentage rounded to the nearest whole number.)
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