The Following Information Is Available for the Noir Detective Agency $\begin{array}{lrr}\text { Net Loss } & \$ 17,600 \\\text { G. Noir, Capital } & 289,000\\\text { G. Noir, Withdrawals }&32,000\end{array}$

question 79

Multiple Choice

The following information is available for the Noir Detective Agency. After closing entries are posted, what will be the balance in the G. Noir, Capital account? $\begin{array}{lrr}\text { Net Loss } & \$ 17,600 \\\text { G. Noir, Capital } & 289,000\\\text { G. Noir, Withdrawals }&32,000\end{array}$

• A)$303,400.
• B)$289,000.
• C)$239,400.
• D)$274,600.
• E)$257,000.

---

Definitions:

Preferred Dividends

Dividends that are paid to preferred shareholders before any are paid to common shareholders, often at a fixed rate.

Payout Ratio

A financial metric that measures the proportion of earnings a company pays to its shareholders in the form of dividends, typically expressed as a percentage.

Retained Earnings

Retained earnings refer to the cumulative amount of net income a company retains, rather than distributing it to shareholders as dividends.

Net Income

The remainder of a company's total revenue after deducting taxes, expenses, and any other costs.