Question: Which one of the following would decrease the working capital of a company? Question 1 4 Answer a . Securing a 2 0 - year

Which one of the following would decrease the working capital of a company?
Question 14Answer
a.
Securing a 20-year mortgage payable and receiving cash.
b.
New billings increasing accounts receivable.
c.
Cash payment of payroll taxes payable.
d.
Refinancing a short-term note payable with a two-year note payable.

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