Explore BrainMass

When a Company Cannot Meet Its Payroll

You come to work on pay day and hear a rumor that the company cannot meet its payroll obligation. Discuss the information, assuming you have access, you would review to determine if this rumor is true. Assuming the rumor is true, describe how you would remedy the situation. Note: if you use company financial information in your response, please use only publicly available information.

Solution Preview

If I hear the rumour that the company cannot meet its payroll obligation, and assuming that I have access to the publicly available financial information of the company, I would try to investigate whether the rumour is true or not and whether I ...

Solution Summary

This is a discussion on how one can determine whether a company rumour is true.