4 You 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 to its major competitors. The company's financial statements for the last two years are as follows: 6 points Lydex Company Comparative Balance Sheet This Year Assets Current assets: Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses 1,050,000 1,360,000 300,000 2,160,000 2, 400,000 eBook 3,060,000 3,400,000 Print ,750,000 6,440,000 Total current assets Plant and equipment, net Total assets Liabilieies and stockholders' Equity Liabilities 9700,000 140 000 $17,450,000 15,580,000 References Current iabilities Note payable, 10% 4,400,0003,160,000 1,7201000??3, 120,000 20,000 7,000,000 2,330,000 6,280,00 Total 1iabilities Stockholders equitys 7,000,000 2 300,000 9,300,000 $17,450,000 $15,580,000 Common stock, $70 par value Retained earninga Total stockholders equity Total liabilities and stockholdera equity