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3 Required information Part 3 of 3 The following information applies to the questions displayed below u have just been hired as a financial analyst

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3 Required information Part 3 of 3 The following information applies to the questions displayed below u have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performance oints to its major competitors. The company's financial statements for the last two years are as follows: Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assetst eBook Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses $880,000 1,120,000 300,000 2,380,000 1,480,000 3,520,000 2,200,000 180,000 5,280,000 8.970,000 $16,380,000 $14,250,000 Print 240,000 7,020,000 9,360,00 Total current assets Plant and equipment, net Total assets Liabilities and Stoekholders Equity References Liabilities: Current liabilities Note payable, 10% 3,930,000 2,820,000 3,020,000 840,000 620,000 Total liabilities Stockholders equity: Common stock, $75 par value Retained earnings 1,330,000 B,830,000 7,500,0007,500,000 910,000 Total stockholders equity Total liabilities and #tockholders' equity 16,380,000 $14,250,000

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