Question: Click the Case Link displayed above the question and use the Freedom Supply Company, Inc. information provided in Part B of the case to answer

Click the Case Link displayed above the question and use the Freedom Supply Company, Inc. information provided in Part B of the case to answer thisQuestionStatusquestion:Which of the following statements best describes both the quantity and quality of Freedom's working capital for the three years provided in the financial statements?
a. Working capital has fluctuated from year to year; however, the company's liquid assets (cash and accounts receivable) have consistently accounted for more than two-thirds of current liabilities.
b. Working capital has been increasing significantly, indicating that more of the company's current assets are being financed with long-term sources.
c. Working capital has decreased significantly, indicating that the company is using more short-term sources of financing to support its current assets.
d. Working capital has decreased significantly, indicating that the company is becoming less liquid.

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