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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Question

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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