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Locust Farming Balance Sheet (S in millions) $ 29,750 27,757 14,327 17,537 $ 89,371 Current assets Long-term assets $ 42,529 Current liabilities 46,842 Long-term debt

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Locust Farming Balance Sheet (S in millions) $ 29,750 27,757 14,327 17,537 $ 89,371 Current assets Long-term assets $ 42,529 Current liabilities 46,842 Long-term debt Other liabilities Equity Total $ 89,371 Total Locust has 662 million shares outstanding with a market price of $88 a share a. Calculate the company's market value added. (Enter your answers in millions.) Market value million Market value added million b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) Market-to-book ratio c. How much value has the company created for its shareholders as a percent of the investment of the equity holders? Increase in value of equity

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