Question
Table Format: Financial Indicator Amount Total assets $220,000,000 Total liabilities $150,000,000 Total equity $70,000,000 Net income for the year $8,500,000 Cash and cash equivalents $25,000,000
Table Format:
Financial Indicator | Amount |
Total assets | $220,000,000 |
Total liabilities | $150,000,000 |
Total equity | $70,000,000 |
Net income for the year | $8,500,000 |
Cash and cash equivalents | $25,000,000 |
Accounts receivable | $35,000,000 |
Inventory | $45,000,000 |
Property, plant, and equipment | $90,000,000 |
Long-term debt | $70,000,000 |
Accounts payable | $40,000,000 |
Accrued expenses | $15,000,000 |
Revenue for the year | $300,000,000 |
Cost of goods sold | $120,000,000 |
Operating expenses | $80,000,000 |
Income tax expense | $10,000,000 |
Conduct a financial analysis of GHI Corporation based on the provided data, focusing on its liquidity and profitability.
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