TCO 4) One result of taking a firm private is.

1.the firm's stock is no longer available for purchase on the open market.
2.managers lose some control as the number of .stockholders increases.
3.the public image of the firm will suffer
4.the firm will have access to more capital.

first do a little research, then take a shot. What do you think?

The correct answer is option 1: the firm's stock is no longer available for purchase on the open market.

Taking a firm private refers to the process of converting a publicly-traded company into a privately-held company. This is usually done by a group of investors, including managers and private equity firms, who buy all the outstanding shares of the company's stock, effectively removing it from the open market.

By taking a company private, the ownership of the company becomes more concentrated in the hands of a select group of investors. This means that the firm's stock is no longer traded on stock exchanges, and therefore, not available for purchase by individual investors on the open market.

Option 2 is incorrect because when a firm goes private, managers often have greater control and decision-making power as there are fewer stockholders to answer to.

Option 3 is also incorrect because public image is not necessarily negatively affected when a company goes private. In fact, some companies may choose to go private to have more control over their public image.

Option 4 is also incorrect. While the firm may have access to more capital through private investors, taking a firm private does not automatically imply increased access to capital.