ACC captist Net income before taxes Income taxes (30%) Net income Common dividends Net income retained Beginning retained earnings Ending retained earnings Current ratio Acid-test ratio Average collection period Average sale period Return on assets Debt-to-equity ratio Times interest earned ratio Price-earnings ratio To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's industry: 2.3 1.2 a. The times interest earned ratio b. The debt-to-equity ratio c. The gross margin percentage d. The return on total assets 30 days 60 days e. The return on equity f. Is the company's financial leverage positive or negative? 9.5% JUU, 000 1,200,000 360,000 840,000 360,000 480,000 1,320,000 $ 1,800,000 0.65 5.7 10 Required: 1. You decide first to assess the company's performance in terms of debt management and profitability. Compute the following for both this year and last year: (Round your "Percentage" answers to 1 decimal place and other answers to 2 dec