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Starrs Company has current assets of $300,000 and current liabilities of $200,000. Which of the following transactions would increase its working capital? Prepayment of $50,000
Starrs Company has current assets of $300,000 and current liabilities of $200,000. Which of the following transactions would increase its working capital?
| Prepayment of $50,000 of next year's rent | ||
| Refinancing $50,000 of short-term debt with long-term debt | ||
| Acquisition of land valued at $50,000 by issuing new common stock | ||
| Purchase of $50,000 of marketable securities for cash |
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