Requlred Informatlon (The to//owlng Informat/on app/les to the quest\ons dlsp/aye below_j You nave Just been tnlred as a financial analyst for Lydex Company, a manufacturer ot safety helmets. Your boss nas asked you to perform a compre analysls of the company's tinanclal statements, Includlng comparing Lydex's performance to Its major competitors. The company's tinanclal statemer see, eee Ise, zee , see, zee , see, eee eee 304, eee 427 980, eee sss , see two years are as follows: Assets Current assets: Cash Marketable securities Accounts receivable, net Invento",' Prepaid expenses Total current assets Plant and equipment, net Total assets Liabilities and Stockholders' Liabilities: Current liabilities Nate payable, Total liabilities Stockholders' equity: Lydex Comparative Coapany Balance Equity Sheet Reconcil iation This This Year Cammon stock, S7e par value Retained earnings Total stockholders' equity Total liabilities and stockholders S sye,eee 2, sse , eoe 3, s7e,eee S 18, 79e,eee S 3, sse,eee 3, 4e,eee 7, sae ,eee 7, eee,eee 2, 178, eoe 9, 17e,eee S 18, 79e,eee equity Comparative Lydex Company Income Statement and Sales (all an account) Cost of goods sold Gross margin Selling and administrative Net operating income Interest expense Net income before taxes Income taxes ( 3") Net income Common dividends Net income retained Beginning retained earnings Ending retained earnings expenses Year S Is, 830,eee 12, ss4,eee 1, 472, eee 1 , gee, eee 1, see, eee Last Year s, eze,eee S 14, sse,eee 3, ege,eee 7, eee,eee s, Eee, zee S 14, sse,eee Last Year 9, sse,eee 1, 592 , eoe 1, 72s,eee 1, 181, see S 1, see,eee To begin your assignment you gather the tollowlng financlal data and ratios that are typical of companles In Lydex Company's Industry: Current ratio Acid-test ratio Average collection period Average sale period Return cn assets Debt-to-equity ratio Times interest earned Price-earnings ratio days days ratio