Select the grammatically correct form of the following sentence from the options below:
The company have been profitable for several years, but it has also faced many challenges.
1
The company is been profitable for several years, but it have also faced many challenges
2
The company has been profitable for several years, but it have also faces many challenges
3
The company have been profitable for several year, but it has also faced many challenges
4
The company has been profitable for several years, but it has also faced many challenges