2006-08-25 23:16:59 · 14 answers · asked by dearcaowei 1 in Education & Reference ➔ Other - Education
It means that cash-flow is suffering.
While they may have 1 Million in accounts receiveable and only $100,000 in accounts payable, -they only have 5 dollars in 'cash'.
... ouch !!
They need to collect their payments, quicker, - and turn right around a pay their bills (ie employees).
2006-08-25 23:23:27 · answer #1 · answered by MK6 7 · 0⤊ 0⤋
It means that the company's owner and managers have strapped some cash around their leg or arm or something. Usually it is hidden. They do that when they don't pay the employees below them because usually the employees get angry and beat them down and take their wallets. Because the cash is strapped the employees don't find it and only get away with the small amount that was in their wallets.
2006-08-26 06:31:12 · answer #2 · answered by kangnamsuperman 2 · 0⤊ 0⤋
It means the employees of the company strapped bundles of cash around their bodies on payday.
2006-08-26 06:24:27 · answer #3 · answered by protos2222222 6 · 0⤊ 0⤋
The term refers to a tight financial situation. Also known as cash flow problem, or to the average joe broke or busted.
2006-08-26 06:19:11 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It means you're low on cash and can't buy much with it. Plus, you're wanting cash at the same time.
2006-08-26 06:32:43 · answer #5 · answered by Redeemer 5 · 0⤊ 0⤋
Really tight budgeted. They don't have much money to use on employee salaries in this case, usually. Or benefits for that matter.
2006-08-26 06:18:38 · answer #6 · answered by minstrel_of_munificence 2 · 0⤊ 0⤋
No Money
2006-08-26 06:18:59 · answer #7 · answered by ^ _ ^ 4 · 0⤊ 0⤋
short of cash...
2006-08-26 06:18:16 · answer #8 · answered by ndavos 2 · 0⤊ 0⤋
It means they are broke,no money,bankrupt.
2006-08-26 06:19:43 · answer #9 · answered by frank m 5 · 0⤊ 0⤋
short of finances for day to day activities
2006-08-26 06:19:03 · answer #10 · answered by Dr Dee 7 · 0⤊ 0⤋