Here is a simplified balance sheet for Locust Farming:

Locust Farming
Balance Sheet
($ in millions)
Current assets	$	42,531		Current liabilities	$	29,748
Long-term assets		46,846		Long-term debt		27,759
				Other liabilities		14,331
				Equity		17,539
Total	$	89,377		Total	$	89,377

Locust has 664 million shares outstanding with a market price of $90 a share.

a. Calculate the companys market value added. (Enter your answers in millions.)

b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.)

c. How much value has the company created for its shareholders as a percent of the investment of the equity holders?