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Answer :
The correct sentence will be The failing company was going to bankrupt.
Excessive words can cause consistency issues and distract the reader.
In the sentence "a company that failed because it went bankrupt and ran out of money", the word "failed" is because the reader already knows that the company has failed and "money is So is the phrase "I didn't.".
It is unnecessary and unnecessary to explain the word "broken". With that in mind, it's best to correct the phrase "The failed company went bankrupt", leaving only the essential elements.
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