In a leveraged buyout, investors borrow huge sums of money to buy companies, hoping to pay off the debt by using the company's earnings and to profit richly by the later resale of the companies or their divisions.
(A) by using the company's earnings and to profit (B) by using the companies' earnings and by profiting (C) using the companies' earnings and profiting (D) with the company's earnings, profiting (E) with the companies' earnings and to profit
In a leveraged buyout, investors borrow huge sums of money to buy companies, hoping to pay off the debt (by using the company's earnings and to profit) richly by the later resale of the companies or their divisions.
Explanation: ----------------------- A. by using the company's earnings and to profit ---> Incorrect use of apostrophe in the word company's. B. by using the companies' earnings and by profiting ---> Incorrect. Not parallel in structure. C. using the companies' earnings and profiting ---> Incorrect. Not parallel in structure. D. with the company's earnings, profiting ---> Incorrect use of apostrophe in the word company's. E. with the companies' earnings and to profit ---> Correct. It uses the apostrophe in the correct place to indicate that companies are involved and NOT just a company. It is also parallel in structure (...to pay off the debt... ...to profit richly...)
JohnLewis1980 has given the correct explanation for the second part. -----------------------
Clearly option E.
Hope that helps.
Regards, Technext
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In a leveraged buyout, investors borrow huge sums of money to buy companies, hoping to pay off the debt by using the company's earnings and to profit richly by the later resale of the companies or their divisions.
A. by using the company's earnings and to profit B. by using the companies' earnings and by profiting C. using the companies' earnings and profiting D. with the company's earnings, profiting E. with the companies' earnings and to profit
Hi mates,
IMO E
To maintain //ism, the last part of the answer should be "to profit", therefore just A and E left
"hoping to pay [...] and to profit [...]
Now, between A and E, E seems to be simpler than A, so, E
E : In a leveraged buyout, investors borrow huge sums of money to buy companies, hoping to pay off the debt with the companies' earnings and to profit richly by the later resale of the companies or their divisions.
The question falls in parallelism category. 'to pay off' is parallel ' to profit' . ' with the companies' earnings' is parallel to ' by the later resale', they have same structure, preposition + N.
In a leveraged buyout, investors borrow huge sums of money to buy companies, hoping to pay off the debt by using the company's earnings and to profit richly by the later resale of the companies or their divisions.
A. by using the company's earnings and to profit B. by using the companies' earnings and by profiting C. using the companies' earnings and profiting D. with the company's earnings, profiting E. with the companies' earnings and to profit
hoping to pay off... and <hoping> to profit
between A and E.
A is better.
"by using " .. better than "with "
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hopingis common to both , to pay off the debt by using and to profit richly by the later are parallel
Hence A.
Company's is right because investors pay off the debt using one company's earnings (each company's earnings) and resale of all the companies...thats the best explanation i could think for Textnext argument.
A. by using the company's earnings and to profit B. by using the companies' earnings and by profiting C. using the companies' earnings and profiting D. with the company's earnings, profiting E. with the companies' earnings and to profit
IMO E ..... 'to profit' parallel to 'to buy'
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my answer is (e) I think the parallelism is between 'to buy 'and 'to profit' while the phrase 'hoping to pay off the debt by using the company's earnings' is simply an adiitive phrase
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