Recording the Payment (As Distinguished from the Declaration)of a Cash

Multiple Choice

Recording the payment (as distinguished from the declaration) of a cash dividend whose declaration was already recorded will:

A) decrease both the current ratio and working capital.
B) have no effect on the current ratio or earnings per share.
C) increase the current ratio but have no effect on working capital.
D) increase both the current ratio and working capital.
E) None of these choices are correct.