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 657 million shares outstanding with a market price of $83 a share.
a. Calculate the company's market value added.
b. Calculate the market-to-book 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.
\table[[Market value,million],[Market value added,million]]
 Here is a simplified balance sheet for Locust Farming: Locust has

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!