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Melted Sand, Inc. (a fictitious company), a maker of glass artwork, had its initial public offering (IPO) in April 2021. Melted Sand had been privately-held

Melted Sand, Inc. (a fictitious company), a maker of glass artwork, had its initial public offering (IPO) in April 2021. Melted Sand had been privately-held by the founding family since 2001.

Please address the question(s) explain - (why do you think so?)Questions

  1. How would the Melted Sand balance sheet be impacted by its IPO?
  2. How would the IPO directly affect Melted Sand's operating income?
  3. What could be some of the disadvantages of becoming a publicly-held company for Melted Sand?

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