Which one of the following would increase the working capital of a company? Cash payment of payroll taxes payable. Refinancing a short-term note payable with a two year note payable. Cash collection of accounts receivable. Payment of a 20-year mortgage payable with cash.

hich one of the following would increase the working capital of a company?

	Cash payment of payroll taxes payable.
	Refinancing a short-term note payable with a two year note payable.
	Cash collection of accounts receivable.
	Payment of a 20-year mortgage payable with cash.

Answer

Refinancing a short-term note payable with a two year note payable.