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What is one potential advantage of being a publicly-held company?  A public company always has a...

What is one potential advantage of being a publicly-held company? 
  • A public company always has a higher share price than a private company.
  • A public company has fewer requirements to meet when it comes to shareholder communication and reporting.
  • A public company may gain from greater investor involvement than a private company. 
  • A public company may have a more prominent reputation than a private company.
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Answer #1

The correct statement is last statement A public company may have a more prominent reputation than a private ccompany.

The other options 1,2 and 3 are incorrect. The correct statements are

Option 1 A private company has higher share price than public company.
Option 2 A public company has more requirements to meet when it comes to shareholder communication and reporting.
Option 3 A private company has greater investor involvement than public company.

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