PLEASEE HELPP I WILL LIKEEE

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: 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 flnal onswers to 2 decimal places.) c. The acid-test ratio. (Round your flnal answers to 2 declmal places.) d. The average collection period. (The accounts receivable at the beginning of last year totaled $1,700,000.) (Use 365 doys In a yeor. Round your Intermedlate calculations and final answers to 2 decimal place.) e. The average sale period. (The inventory at the beginning of last year totaled $2,060,000.) (Use 365 days In o yeer. Round your Intermedlate calculations and flnal answers to 2 decimal place.) f. The operating cycle. (Round your Intermedlate calculatlons and final answers to 2 decimal place.) g. The total asset turnover. (The total assets at the beginning of last year totaled $13,100,000.) (Round your final onswers to 2 declmal pleces.)