Question: Anson Corporation had $ 3 2 5 , 0 0 0 in current assets and $ 1 4 5 , 0 0 0 in current

Anson Corporation had $325,000 in current assets and $145,000 in current liabilities before borrowing $100,000 from the bank for a 1-year period. What effect did the borrowing transaction have on the amount of Ansons working capital?

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