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Please indicate with a YES or NO whether the below statement indicates potential cash flow problems for a firm. Please provide a one paragraph commentary
Please indicate with a YES or NO whether the below statement indicates potential cash flow problems for a firm. Please provide a one paragraph commentary after your answer.
- A substantial shift from long-term borrowing to short term borrowing.
- A decrease in recognized sales for a firm during the 4th quarter of the year, however their first 1st quarter of the following year shows a substantial increase in recognized sales.
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