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Can someone asnwer please...? Use the following information about Company X to help answer problems 1-10. . . . Company X went public at the
Can someone asnwer please...?
Use the following information about Company X to help answer problems 1-10. . . . Company X went public at the start of 2016; $100M shares of stock were issued at $18.60 per share. At the end of 2016, Company X traded at $20.00 per share. During 2017, Company X raised $100M by issuing additional shares of stock at $20.00 per share At the end of 2017, Company X traded at $20.46 per share. A complete list of financial statement line items was extracted from Company X's 2016 and 2017 10k and is presented in the table below. Assume Company X did not sell any long term assets during the first two years of the company's operations. (in USD millions) Accounts Payable Accounts Receivable Cash Current Portion of LT Debt Dividends Gross PPE Interest Expense Inventory Long Term Debt Marketable Securities Net Income Net PPE Operating Income Sales Shares Issued (Repurchased) Dec-17Dec-16 300 300 500 200 0 2200 120 600 1000 100 140 2000 320 1600 0 400 400 400 300 50 2800 140 800 1100 60 150 2340 340 1700 100
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