Correct answer would be 1
Answer:
The textbook explains that when a private business needs finding to arise or to take advantage of additional possibilities, they may prefer to receive financing by going public with their company (Ferrell, Hirt & Ferrell, 2014). This can be achieved through a method known as IPO or initial public offering. This simply means that you become a publicly faded company by marketing stock that can be traded in the public market Ferrel Hur & Ferrell, 2014).
For instance, one of a company that has recently gone public through an IPO is Shake Shack.
Shake Shack went public, though IPO in 2015 (Shake Shack Inc, 2015) Shake Shack portrays themselves as a modern-day roadside burger platform and contributes items such as burgers, and hot dogs.
Explanation:
I don't know if you needed it to be rewritten or something else, but I just put this through Grammarly, double clicked on multiple words that I thought would be best the words changed and chose a different and new word that is/ was similar to the original. I hope this helps.
