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  3. table format:financial indicatoramounttotal assets

Table Format:Financial IndicatorAmountTotal assets$150,000,000Total liabilities$100,000,000Total equity$50,000,000Net income for the year$6,500,000Cash and cash equivalents$20,000,000Accounts receivable$25,000,000Inventory$35,000,000Property, plant,...

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Verified Solution

Question

Accounting

Table Format:

Financial Indicator

Amount

Total assets

$150,000,000

Total liabilities

$100,000,000

Total equity

$50,000,000

Net income for the year

$6,500,000

Cash and cash equivalents

$20,000,000

Accounts receivable

$25,000,000

Inventory

$35,000,000

Property, plant, and equipment

$60,000,000

Long-term debt

$50,000,000

Accounts payable

$30,000,000

Accrued expenses

$10,000,000

Revenue for the year

$200,000,000

Cost of goods sold

$80,000,000

Operating expenses

$50,000,000

Income tax expense

$7,000,000

Conduct a financial analysis of OPQ Corporation based on the provided data and recommend strategies to improve its financial performance.

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