Vikas1993
The company's profits were outstanding, and
it went bankrupt because of outrageously poor management.
Is It correct here or it should be "The Company" ?
And is incorrect instead of and , But or Yet should be used.
I agree with what has been written above, concerning
it. I can think of two examples of official questions off the top of my head that use the pronoun
her to refer to a noun that appears only in possessive form elsewhere in the sentence. There is
this question on Emily Dickinson and
this one on another female poet, Elizabeth Barrett Browning, to illustrate the point. Moreover, I like
the response that Marty of
Target Test Prep provides on the matter in a thread to a question he posted. In short, I see no reason why
it in the context of the sentence you wrote should automatically disqualify the sentence.
Moving on to your second question, yes,
but or
yet would provide a more reasonable conjunction than
and to convey the idea that,
despite outstanding profits, the company still went bankrupt. I have seen questions in which meaning is pinned to a conjunction, so your concern is well founded. I would probably disfavor the sentence you asked about more for this reason than for the pronoun.
I hope my response adds to your understanding of the issues at hand. Good luck with your studies.
- Andrew