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13 August, 14:51

George Corporation declared a cash dividend of $10,000 on January 17. This dividend was payable to shareholders of record on February 10, and payment was made on March 2. As a result of this cash dividend, working capital will increase (decrease) by what amount on January 17 February 10 A) $0 $0 January 1 7 February 1 0 B) $10,000 $0 January 17 February 10 C) $ (10,000) $0 January 17 February 10 D) $ (10,000) $10,000

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  1. 13 August, 17:18
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    C) $ (10,000) $0 January 17 February 10
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