What is an advantage in being a public company? 1. a public company is scrutinized more closely by the government. 2. a public company has to follow more regulations than a private company. 3. a public company has access to more capital (borrowing power). 4. a public company has to keep equal employment opportunity statistics.

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.