10493

D

HoneyTrap, Ihe organie food company, announced tliat the debt incurred from its restmeturing had peaked and the company would not go under. The 1T company Marks and Angel gave another profits waming and said tliat it expected to be in the red for the next two quarters before a recovery early next year. JTL Holdings reported higher variable costs and said that it had some problems witli cash flow but tliat tliis should not affect production and expected tliat the 4^,h Quarter should show a return to profitability.

Task 2 15 points

Complcte the text with the best form of the verbs in brackets, affirmative or negative. In some cases, morę than one tense is possible.

Good morning, ladies and gentlemen. 1(1)_(ask) you here today to talk about

the long-term plans and prospects of Predictor IT. I (2)_(be) delighted to be

able to announce that predictor IT and EPQ Software (3)_(merge). I (4)

_(liave) a finał meeting with the chairman of EPQ last week and we (5)

_(agree) all the details. I am very pleased to say tliat tliere (6)_(be)

any redundancies and we (7)_ (employ) morę people In the futurę. I

(8)_(tell) you any morę today as tliere (9)_(be) a joint press

conference at 4pm today.

Even though we (10)_(merge) with EPQ tliis doesiTt mean the launch of our

new muld-media home entertainment system will be delayed. We (11)_

(launch) the system next month on time. W? (12)_(expect) tliis product to be

very successful and tliat annual profits (13)_ (rise) by over 10%.

EPQ (14)_(launch) a new suitę of business software next Friday and the

long-term prospects for our co-operation are very good. I (15)_(see) you at the

press conference at 4pm.

The Business Intermediate Tests / Unit 7 Progress Test 2