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Liberty Corporation reported the following financial statements (Click the icon to view the financial statements) Liberty's rate of return on common stockholders' equity can be

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Liberty Corporation reported the following financial statements (Click the icon to view the financial statements) Liberty's rate of return on common stockholders' equity can be descnbed as (Assume a rate of return on common stockholders' equity of 15% - 20% year after year is considered good in most industries) O A weak OB normal O C. strong OD. average 4 of 10 (0 complete) Financial Statements - X ter Liberty Corporation Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 $ 2,450 $ Assets Current Assets Cash and Cash Equivalents Accounts Receivable Merchandise Inventory Prepaid Expenses 2,094 1,611 1,813 1,324 1.709 1,060 2,120 Total Current Assets 7,296 18,500 Other Assets 6,885 15,737 22,622 $ Total Assets 25,796 $ Liabilities Current Liabilities $ 7,230 $ 4,798 8,467 3,792 Long-term Liabilities Print Done II 2 a terwinEyes 4 of 10 ( complete) Financial Statements - cribed as Total Liabilities Stockholders' Equity 12,028 12.259 20% year after Common Stock, no par 6,568 7,200 4,363 6,000 Retained Earnings Total Stockholders' Equity 13,768 10,363 Total Liabilities and Stockholders' Equity $ 25,796 S 22,622 Liberty Corporation Income Statement 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 Interest Expense Inenme Rafnre Income Tavas 6,821 210 11 Print Done 2 4 of 10 (0 complete) Financial Statements - X Retained Earnings 7,200 6,000 after 13,768 10,363 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 25,796 $ 22,622 Liberty Corporation Income Statement Year Ended December 31, 2025 Net Sales Revenue I Cost of Goods Sold $ 20,941 7,055 Gross Profit 13,886 7,065 Operating Expenses Operating Income 6,821 210 Interest Expense Income Before Income Taxes 6,611 2,563 Income Tax Expense $ 4,048 Net Income Print Done D PI E 2 a

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