Herbert S. Bailey, Jr., published the following poem in Publishers Weekly (Jan. 13, 1975), which was written
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Though my bottom line is black, I am flat upon my back.
My cash flows out and customers pay slow.
The growth of my receivables is almost unbelievable;
The result is certain-unremitting woe!
And I hear the banker utter an ominous low mutter;
“Watch cash flow.”
REQUIRED:
Explain Mr. Bailey’s message.
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