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HELP PLEASE! REQUIRED a,b,c,d,e,f,g. Will upvote complete, correct answers You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety

HELP PLEASE! REQUIRED a,b,c,d,e,f,g. Will upvote complete, correct answers image text in transcribed
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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 mojor competitors. The company's financial statements for the iast 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' industry? 3. You decide, finally, to assess the company's liquidity and asset management. For both this year and last year, compute: a. Working capital. b. The current ratio. (Round your final answers to 2 decimal places.) c. The acid-test ratio. (Round your final answers to 2 decimal places.) d. The average collection period. (The accounts receivable at the beginning of last year totaled $1,720,000 ) (Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal place.) e. The average sale period. (The inventory at the beginning of last year totaled $2,080,000.) (Use 365 days in a year. Round your intermediate calculations and final answers to 2 decimal place.) f. The operating cycle. (Round your intermediate calculations and final answers to 2 decimal place.) g. The total asset turnover. (The total assets at the beginning of last year totaled $13,120,000 ) (Round your final answers to 2 decimal places.)

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