\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Worried that my company will make payroll. Preftigious?

...
Henna electric famous landscape painting kitty cat
  04/19/18
We were always going through this when I was working at star...
Underhanded brunch queen of the night
  04/19/18
Are you sure they weren’t just letting their accounts payabl...
Gold Vigorous Genital Piercing
  04/19/18
Yeah. That’s the issue. Lots of vendors aren’t being paid. ...
Henna electric famous landscape painting kitty cat
  04/19/18


Poast new message in this thread



Reply Favorite

Date: April 19th, 2018 9:59 PM
Author: Henna electric famous landscape painting kitty cat



(http://www.autoadmit.com/thread.php?thread_id=3954299&forum_id=2#35878141)



Reply Favorite

Date: April 19th, 2018 10:01 PM
Author: Underhanded brunch queen of the night

We were always going through this when I was working at start-ups. Our COOs used to not pay bills and call it "preserving our capital position".

That just means you aren't paying your bills.

(http://www.autoadmit.com/thread.php?thread_id=3954299&forum_id=2#35878147)



Reply Favorite

Date: April 19th, 2018 10:04 PM
Author: Gold Vigorous Genital Piercing

Are you sure they weren’t just letting their accounts payables hang out there longer?

(http://www.autoadmit.com/thread.php?thread_id=3954299&forum_id=2#35878163)



Reply Favorite

Date: April 19th, 2018 10:08 PM
Author: Henna electric famous landscape painting kitty cat

Yeah. That’s the issue.

Lots of vendors aren’t being paid. The lenders aren’t being paid. It’s only a matter of time before the company can’t make payroll because (a) it doesn’t have sufficient cash in the ordinary course or, more likely, (b) the Lenders sweep the company’s cash.

(http://www.autoadmit.com/thread.php?thread_id=3954299&forum_id=2#35878196)