Part 3 of 3 7 points Skipped Required information Problem 14-15 (Algo) Comprehensive Ratio Analysis (LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies to the questions displayed below) 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: Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash References 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 $900,000 e 2,460,000 3,540,000 250,000 7,150,000 9,400,000 5.16,550,000 $ 3,950,000 3,620,000 7,570,000 $ 1,140,000 300,000 1,560,000 2,400,000 190,000 5,590,000 5,990,000 $ 14,580,000 $ 2,860,000 3,020,000 5,880,000 Common stock, $75 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 7,500,000 1,480,000 8,980,000 $ 16,550,000 7,500,000 1,200,000 8,700,000 $ 14,580,000