The firm has consistently denied that it has plans to file for Chapter 11 bankruptcy protection, and partners at the firm say that it still has revenue from receivables, from selling business units and from operating its training center in St. Charles, Ill.
For simplicity, we have ignored working capital fluctuations from receivables, payables and the like.
"Our business is down and our cash flow is down and we have to borrow from receivables to operate," says Johnson, one of whose companies hauls Ford engines made in Bordeaux, France and transmissions from Cologne, Germany to an Explorer plant in the Louisville area.
Patrons can play Skee-Ball, bowl on shortened lanes with grapefruit-size balls and swap gossip from accounts receivable on plaid banquettes.
When hiking in forested areas, wear loose, light clothing that covers your entire body, unlike the tight, revealing, all-black outfits worn by whatshername from accounts receivable.
If someone you work with exhibits flu-like symptoms, refrain from shaking his hand, avoid his cubicle in human resources, and spread rumors about him and the redhead from accounts receivable at the September company retreat.
And you follow the prints... and they lead to... Jeff from accounts receivable.
On the edge of your consciousness you can hear Brenda from accounts receivable saying something boring and so you focus a little harder on the mug.
Ron becomes more popular by the day, and as his profile expands from "accounts receivable" to "anything's achievable" he's going to be forced to become more comfortable with the spotlight.
