Select the option that best explains the information conveyed in the sentence.
Okon's company took a hit last year.
Answer Details
The option that best explains the information conveyed in the sentence is "His company was badly damaged last year". The sentence reads, "Okon's company took a hit last year", and the phrase "took a hit" is a colloquial expression that means to experience a significant negative impact or loss. In this context, it implies that Okon's company experienced some form of damage or loss, which suggests that it was not successful or improving. The other options, "His company improved last year", "His company made a huge success last year", and "His company was established last year", do not match the information conveyed in the sentence about the company experiencing a negative impact.