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# "Carried interest" is the term used to denote the profit

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SVP
Joined: 03 Feb 2003
Posts: 1603

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"Carried interest" is the term used to denote the profit [#permalink]

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16 Jun 2004, 00:56
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100% (01:23) correct 0% (00:00) wrong based on 1 sessions

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"Carried interest" is the term used to denote the profit split of proceeds to the general partner; there were as many variations of this profit split both in the size and how it is calculated and accrued as there are firms.

(A) there were as many variations of this profit split both in the size and how it is calculated and accrued as there are

(B) there was as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(C) there are as many variations of this profit split in both the size and in how it is calculated and accrued as there are

(D) there are as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(E) there are as many variations of this profit split both in the size and how it is calculated and accrued as there are

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Manager
Joined: 02 Jun 2004
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Location: Kiev, Ukraine

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16 Jun 2004, 01:23
stolyar wrote:
"Carried interest" is the term used to denote the profit split of proceeds to the general partner; there were as many variations of this profit split both in the size and how it is calculated and accrued as there are firms.

(A) there were as many variations of this profit split both in the size and how it is calculated and accrued as there are

(B) there was as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(C) there are as many variations of this profit split in both the size and in how it is calculated and accrued as there are

(D) there are as many variations of this profit split both in the size and in how it is calculated and accrued as there are

(E) there are as many variations of this profit split both in the size and how it is calculated and accrued as there are

I think that the answer is D.

A, B - eliminated because of the use of past tense

It was a tough choice between C, D & E.

C - 'in both X and in Y'
D - 'both in X and in Y'
E - 'both in X and Y'

D sounded the best to me because of its parallel structure.
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Senior Manager
Joined: 25 May 2004
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16 Jun 2004, 02:19
Only D has the right tense and the right structure.

The correct parallel structure is either

both in X and in Y

or

in both X and Y.

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SVP
Joined: 16 Oct 2003
Posts: 1800

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16 Jun 2004, 07:51

Carried interest is so there are should be used. The VT split is followed by a pronoun both which refers to noun phrase. The key here (I feel) is and howâ€”which is used to emphasize the preceding idea i.e size, how is size calculated.

split both in the size and how it is calculated and accruedâ€¦â€¦.

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SVP
Joined: 03 Feb 2003
Posts: 1603

Kudos [?]: 299 [0], given: 0

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16 Jun 2004, 12:42
The answer is Dâ€”it employs a correct tense and the most parallel structure.

Kudos [?]: 299 [0], given: 0

16 Jun 2004, 12:42
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