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Swifty Company had $366600 of current assets and $141000 of current liabilities before borrowing $40400 from the bank with a 3-month note payable. What effect
Swifty Company had $366600 of current assets and $141000 of current liabilities before borrowing $40400 from the bank with a 3-month note payable. What effect did the borrowing transaction have on Swifty Company's current ratio?
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