Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance...

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Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet (5 in Lio

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Answer 1

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Answer #1

a Market value = 657*83 = 54531 million

Market value added = Market value of shares - book value of equity

= 54531 - 17532

= 36999 million

b Market to book ratio = 54531 / 17532 = 3.11 times

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Answer 2

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