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Justice Corporation reported the following financial statements: Justice Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Assets Current Assets: Cash and Cash

Justice Corporation reported the following financial statements:

Justice Corporation

Comparative Balance Sheet

December 31, 2025 and 2024

2025

2024

Assets

Current Assets:

Cash and Cash Equivalents

$2,028

$1,622

Accounts Receivable

2,109

1,958

Merchandise Inventory

1,346

1,063

Prepaid Expenses

1,568

2,054

Total Current Assets

7,051

6,697

Other Assets

17,151

15,425

Total Assets

$24,202

$22,122

Liabilities

Current Liabilities

$7,447

$8,483

Long-term Liabilities

4,861

3,031

Total Liabilities

12,308

11,514

Stockholders' Equity

Common Stock, no par

4,794

4,808

Retained Earnings

7,100

5,800

Total Stockholders' Equity

11,894

10,608

Total Liabilities and Stockholders' Equity

$24,202

$22,122

Justice Corporation

Income Statement

Year Ended December 31, 2025

Net Sales Revenue

$22,374

Cost of Goods Sold

6,025

Gross Profit

16,349

Operating Expenses

7,477

Operating Income

8,872

Interest Expense

267

Income Before Income Taxes

8,605

Income Tax Expense

2,697

Net Income

$5,908

Vertical analysis of Justice's balance sheet for 2025 would report

A. a current ratio of 0.95.

B. Cash as 8.38% of total assets.

C. Inventory turnover of 5 times.

D. a 25% increase in Cash.

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