help with part e,f, g

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: This Year Last Year $ 910,000 Lydex Company Comparative Balance Sheet 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' equity: Common stock, $70 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 2,500,000 3,550,000 250,000 7,210,000 9,420,000 $ 16,630,000 $ 1,150,000 300,000 1,500,000 2,800,000 190,000 5,240,000 9,000,000 $ 14,240,000 $ 3,960, eee 3,640,000 7,600,000 $ 2,880,000 3,040,000 5,920,800 7,000,000 2,030,000 9,030,000 $ 16,630,000 7,000,000 1,320,000 8,320,000 $ 14,240,000 Lydex Company Comparative Income Statement and Reconciliation This Year Sales (all on account) $ 15,610,000 Cost of goods sold 12,648,000 Gross margin 8,162,000 Selling and administrative expenses 1.298,000 Net operating income 1,864,000 Interest expense 364.00 Net Income before taxes 1,500,000 Income taxes (30%) 450.000 Net income 1, ose,000 Common dividends 340,000 Net income retained 710,000 1,320,000 Beginning retained earnings $ 2,030,000 Ending retained earnings Last Year $ 13,080,000 9.810,000 3,270,000 1,584, 1,686, 304,000 1,382,000 414.600 967,400 4B3,700 483,700 836,300 $ 1,320,000 To begin your assignment you gather the following financial data and ratios that are typical of companies in Lydex Company's industry 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 2.3 1.0 40 days 60 days 8.7% 0.7 5.7 10 Problem 14-15 Part 3 (Algo) 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 $1.620.000.) (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 $1,980,000) (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 $13,020,000) (Round your final answers to 2 decimal ninces)