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Question 14 Swifty Company had $374000 of current assets and $148000 of current liabilities before borrowing $67000 from the bank with a 3-month note payable.
Question 14 Swifty Company had $374000 of current assets and $148000 of current liabilities before borrowing $67000 from the bank with a 3-month note payable. What effect did the borrowing transaction have on the amount of Swifty Company's working capital? $134000 increase O $67000 increase O $67000 decrease O No effect
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