BCD Enterprises has the following financial data for the year ended December 31, 2023.

Balance Sheet as of December 31, 2023

• Cash: $290,000
• Accounts Receivable: $480,000
• Inventory: $540,000
• Prepaid Expenses: $50,000
• Property, Plant, and Equipment (Net): $1,800,000
• Total Assets: $3,160,000

Liabilities and Equity

• Accounts Payable: $340,000
• Short-term Loans: $240,000
• Long-term Debt: $950,000
• Common Stock: $1,200,000
• Retained Earnings: $430,000
• Total Liabilities and Equity: $3,160,000

Income Statement for the year ended December 31, 2023

• Sales: $3,300,000
• Cost of Goods Sold: $2,000,000
• Operating Expenses: $800,000
• Interest Expense: $70,000
• Taxes (30%): $129,000
• Net Income: $301,000

Assess BCD Enterprises' financial performance based on (i) liquidity ratios, (ii) solvency ratios, (iii) profitability ratios, and (iv) efficiency ratios.