What is the best way to revise this sentence to eliminate wordiness saying "the failing company was not going to succeed because it was bankrupt and did not have any money left"

The best way to revise this sentence to eliminate wordiness is "The failing company was going bankrupt."

Explanation:

The best way to revise this sentence eliminates the repetitive unnecessary information since bankrupt means not having any money, we can communicate the same in a simpler way by using the shorter version of the message with fewer words, using the subject and auxiliary from the first half along with the verb from the second one.

in "letter from a birmingham jail," king argues that there are four basic steps in any nonviolent campaign: "[c]ollection of the facts to determine whether injustices exist; negotiation; self purification; and direct action." finally, direct action is taken and acts such as boycotts and sit-ins are staged.