Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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|Market vaiue aadea
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b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.)
Market-to-book ratio
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.)
Increase in value of equity
%
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Question 5- M1 CONNECT Problen X
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Here is a simplified balance sheet for Locust Farming:
Locust Farming
Balance Sheet
($ in millions)
$ 42,542
Current assets
Current liabilities
$29,737
27,770
14,353
17,550
Long-term assets
46,868
Long-term debt
Other liabilities
Equity
Total
$ 89,410
Total
$89,410
Locust has 663 million shares outstanding with a market price of $101 a share.
a. Calculate the company's market value added. (Enter your answers in million
Market value
million
Market value added
million
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