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question 20

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Use the following information for questions
Anson Corporation had $325,000 in current assets and $145,000 in current liabilities before borrowing $100,000 from the bank for a 6-month period.
-What effect did the borrowing transaction have on the amount of Anson's working capital?


Definitions:

Systematic Desensitization

Systematic desensitization is a therapeutic technique used to reduce phobic responses by gradually exposing the individual to the fear-inducing object or situation.

Psychodynamic Therapy

A therapeutic approach that emphasizes understanding the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experiences.

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning and reinforcement.

Counterconditioning

A behavior therapy technique aiming to replace undesirable behaviors with more desirable responses.

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