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Swifty Company had $371000 of current assets and $151000 of current liabilities before borrowing $71000 from the bank with a 3-month note payable. What effect
Swifty Company had $371000 of current assets and $151000 of current liabilities before borrowing $71000 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? O No effect $142000 increase $71000 increase O $71000 decrease
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