Question: Datadog (Ticker: DDOG) underwent an initial public offering (IPO) in 2019 by issuing 24 million shares of common stock at $27.00 per hare. The par

 Datadog (Ticker: DDOG) underwent an initial public offering (IPO) in 2019by issuing 24 million shares of common stock at $27.00 per hare.

Datadog (Ticker: DDOG) underwent an initial public offering (IPO) in 2019 by issuing 24 million shares of common stock at $27.00 per hare. The par value is $0.00001 per share. Required: 1. Determine the financial statement effects of the IPO. 2. The stock price for DDOG increased to $37 at the end of 2019. Assuming no other changes, determine the financial statement effects of the stock price increase, if any. Complete this question by entering your answers in the tabs below. \begin{tabular}{|l|l|} \hline Required 1 & Required 2 \\ \hline \end{tabular} The stock price for DDOG increased to $37 at the end of 2019. Assuming no other changes, determine the financial statement effects of the stock price increase, if any. first account field

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