Table Format:Financial IndicatorAmountTotal assets$220,000,000Total liabilities$150,000,000Total equity$70,000,000Net income for the year$8,500,000Cash and cash equivalents$25,000,000Accounts receivable$35,000,000Inventory$45,000,000Property, plant,...
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Accounting
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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