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Here is a simplified balance sheet for Locust Farming: Locust has 664 million shares outstanding with a market price of $102 a share. a. Calculate

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Here is a simplified balance sheet for Locust Farming: Locust has 664 million shares outstanding with a market price of $102 a share. a. Calculate the company's 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 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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