Complete this question by entering your answers in the tabs below.

Present the balance sheet in common$-$size format. $($Round your answers to $1$ decimal place. Due to rounding, figures may not fully reconcile down a column.$)$

$\backslash$table$[[$Lydex Company$],[$Common$-$Size Balance Sheets$],[,$This Year,,Last Year,$],[$Assets$],[$Current assets:$],[$Cash$,,\%,,\%],[$Marketable securities$],[$Accounts receivable, net$],[$Inventory$],[$Prepaid expenses$],[$Total current assets$],[$Plant and equipment, net$],[$Total assets,,$\%,,\%],[$Liabilities and Stockholders' Equity$],[$Liabilities:$],[$Current liabilities,,$\%,,\%],[$Note payable, $10\%],[$Total liabilities$],[$Stockholders$\text{'}$ equity:$],[$Common stock, $$75$ par value$],[$Retained earnings$],[$Total stockholders' equity$],[$Total liabilities and equity,,$\%,,\%]]$ Present the income statement in common$-$size format down through net income. $($Round your answers to $1$ decimal place.

Due to rounding, figures may not fully reconcile down a column.$)$Problem $14-16($Algo$)$ Common$-$Size Financial Statements $[$LO$14-1]$

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:

To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's industry:

Required:

Present the balance sheet in common$-$size format.

Present the income statement in common$-$size format down through net income.