Freedom Corporation reported the following financial statements: (Click the icon to view the financial statements.) Freedom's inventory turnover during 2019 was (amounts rounded) O A. 9 times OB. 10 times O C. 11 times O D. not determinable from the data given. Financial Statements Freedom Corporation Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Assets Current Assets: GA 2,199 $ 1.749 Cash and Cash Equivalents Accounts Receivable Merchandise Inventory 1,953 1.726 1,332 1,597 1,075 2.139 Prepaid Expenses Total Current Assets 7,081 18.074 6.689 15,742 Ant os Financial Statements - X Other Assets Total Assets $ 25,155 $ 22,431 Liabilities Current Liabilities 7,337 $ 4,684 8.424 2,440 Long-term Liabilities Total Liabilities Stockholders' Equity 12,021 10,864 Common Stock, no par 6.734 6.400 5,267 6,300 Retained Earnings Total Stockholders' Equity 13.134 11,567 $ Total Liabilities and Stockholders' Equity 25,155 $ 22,431 nts Other Assets Total Assets $ 25,155 $ 22,431 Liabilities Current Liabilities $ 7,337 $ 4,684 8.424 2,440 Long-term Liabilities Total Liabilities 12,021 10,864 Stockholders' Equity Common Stock, no par 6.734 6.400 5,267 6,300 Retained Earnings Total Stockholders' Equity 13.134 11,567 Total Liabilities and Stockholders' Equity $ 25,155 S 22,431 ncial Statements Net Sales Revenue $ 31,280 10,836 Cost of Goods Sold Gross Profit 20,444 7,433 ws Operating Expenses Operating Income Interest Expense Income Before Income Taxes 13.011 164 12.847 2.195 Income Tax Expense $ 10,652 Net Income Print Done 20210805 103826.jpg it A