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18 February, 04:37

What is the accounting problem that the linbarger company faces?

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  1. 18 February, 04:57
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    The problem that Linbarger company faces is that they do not have enough liquid cash in order to fulfill the promise that they made in their loan contracts.

    If this happen, they might be subjected to a breach of contract and the other party has the legal ground to attack Linbarger to the court and potentially close them down.
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