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.