Freedom Corporation reported the following financial statements: (Click the icon to view the financial statements) Freedom's rate of retum on common stockholders' equity can be described as (Assume a rate of return on common stockholders' equity of 15% - 20% year after year is considered good in most industries.) OA, normal. OB. average OC. strong OD. weak Click to select your answer. Calculator 11 D ENG Freedom Corporation Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets Cash and Cash Equivalents $ 2,378 S 2,024 Accounts Receivable 1.936 1.752 Merchandise Inventory 1.334 1.051 Prepaid Expenses 1,609 Total Current Assets 7.257 6.943 18. 191 Other Assets 18.191 HO 14,778 Total Assets 25,448 $ 21,721 Liabilities 15 Current Liabilities $ 7,012 S 8.215 4,502 2.616 Long-term Liabilities Total Liabilities 11,514 10,831 Stockholders' Equity Common Stock, no par 4.690 7.434 6.500 6.200 Retained Earnings 13.934 10.890 Total Stockholders' Equity $ 25,448 S 21.721 Total Liabilities and Stockholders' Equity Income Statement Year Ended December 31, 2019 Nei Sales Revenue $ 27,660 10.737 Cost of Goods Sold Gross Profit 16,923 7,164 Operating Expenses Operating Income 9,759 209 Interest Expense Income Before Income Taxes 9.550 2.994 Income Tax Expense 6,556 Net Income