Question: 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 million shares outstanding with a market price of $ a share.
a Calculate the company's market value added.
b Calculate the markettobook ratio.
c How much value has the company created for its shareholders as a percent of shareholders' equity, that is as a percent of the net capital contributed by shareholders?
Complete this question by entering your answers in the tabs below.
Calculate the company's market value added.
Note: Enter your answers in millions.
tableMarket value,millionMarket value added,million
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