berty Corporation reported the following financial statements: (Click the icon to view the financial statements.) berty's inventory turnover during 2025 was (amounts rounded) Financial Statements A. 6 times. OB. 7 times O c. 8 times OD not determinable from the data given. 2024 2,09 1,6 Liberty Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 Assets Current Assets: Cash and Cash Equivalents 2,450 $ Accounts Receivable 1,813 Merchandise Inventory 1.324 1,709 Prepaid Expenses Total Current Assets 7.296 18,500 Other Assets $ 25,796 $ Total Assets Liabilities Current Liabilities 7,230 $ 1,00 2,12 6,88 15.73 22,62 8,46 Click to select your answ . Print Done 27 SA O atv RA A Quiz: Chapters Twelve and Thirteen Ruiz Question 16 arty Corporation reported the following financial statements: (Click the icon to view the financial statements.) sume all sales are on credit. During 2025, Liberty's days' sales in receivables ratio was amounts ro e a 365-day year. Round interim calculations to three decimal places and round your final answer A. 34 days. B. 30 days. C. 32 days. D. 28 days. Financial Statements Liberty Corpora Comparative Balanc December 31, 2025 a Assets Current Assets: Cash and Cash Equivalents Accounts Receivable Merchandise Inventory Prepaid Expenses Total Current Assets ck to select your answer. Other Assets Total Anna nancial Statements Liberty Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets: Cash and Cash Equivalents $ 2,450 $ 2,094 1,813 1,611 Accounts Receivable Merchandise Inventory 1,324 1,060 2,120 1,709 Prepaid Expenses Total Current Assets 7,296 18,500 6,885 15,737 Other Assets $ 25,796 $ 22,622 Total Assets Liabilities Current Liabilities $ 7,230 $ 8,467 AZA Stockholders' Equity Common Stock, no par 6,568 7,200 ( Retained Earnings 13,768 10 Total Stockholders' Equity $ 25,796 $ 22 Total Liabilities and Stockholders' Equity Liberty Corporation Income Saitement Year Ended December 31, 2025 Net Sales Revenue $ 20,941 7,055 Cost of Goods Sold Gross Profit 13,886 7,065 Operating Expenses Operating Income 6,821 210 Interest Expense Income Before Income Taxes 6,611