Question
Table Format: Item Amount Total assets $180,000,000 Total liabilities $120,000,000 Total equity $60,000,000 Net income for the year $9,000,000 Cash and cash equivalents $20,000,000 Accounts
Table Format:
Item | Amount |
Total assets | $180,000,000 |
Total liabilities | $120,000,000 |
Total equity | $60,000,000 |
Net income for the year | $9,000,000 |
Cash and cash equivalents | $20,000,000 |
Accounts receivable | $30,000,000 |
Inventory | $40,000,000 |
Property, plant, and equipment | $70,000,000 |
Long-term debt | $50,000,000 |
Accounts payable | $35,000,000 |
Accrued expenses | $10,000,000 |
Revenue for the year | $300,000,000 |
Cost of goods sold | $120,000,000 |
Operating expenses | $80,000,000 |
Income tax expense | $12,000,000 |
Conduct a financial analysis of XYZ Corporation based on the provided data and identify key areas of concern or strength.
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