Question: Indicate whether the following independent transactions increase (), decrease (), or do not affect (NE) the current ratio, the amount of working capital, and cash

Indicate whether the following independent transactions increase (), decrease (), or do not affect (NE) the current ratio, the amount of working capital, and cash from operations. Also indicate the amounts of any effects. The company presently has a current ratio of 2 to 1 along with current liabilities of $160,000.

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