Justice Corporation reported the following financialstatements:

Financial Statements

Justice Corporation

Comparative Balance Sheet

December 31, 2025 and 2024

2025

2024

Assets

Current Assets:

Cash and Cash Equivalents

$

2,026

$

1,626

Accounts Receivable

2,168

1,926

Merchandise Inventory

1,346

1,076

Prepaid Expenses

1,527

1,918

Total Current Assets

7,067

6,546

Other Assets

17,319

14,932

Total Assets

$

24,386

$

21,478

Liabilities

Current Liabilities

$

7,470

$

8,770

Long-term Liabilities

4,865

2,272

Total Liabilities

12,335

11,042

Stockholders' Equity

Common Stock, no par

5,451

4,736

Retained Earnings

6,600

5,700

Total Stockholders' Equity

12,051

10,436

Total Liabilities and Stockholders' Equity

$

24,386

$

21,478

Justice Corporation

Income Statement

Year Ended December 31, 2025

Net Sales Revenue

$

24,564

Cost of Goods Sold

8,477

Gross Profit

16,087

Operating Expenses

7,437

Operating Income

8,650

Interest Expense

153

Income Before Income Taxes

8,497

Income Tax Expense

2,547

Net Income

$

5,950

Justice's inventory turnover during 2025 was(amounts rounded)

A.

7 times.

B.

9 times.

C.

8 times.

D.

not determinable from the data given.