Required information [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 heimets. Your boss has asked you to perform a comprehensive analysis of the company's tinancial statements, including comparing Lydox's performance to its major competitors. The company's financial statements for the last two years are as follows: To bogin your assignment you gather the following financial data and ratios that are typleat of companies in tydex Company's industry: Required: 1. You decide first to assess the company's performance in terms of debt management and profitability. Compute the following for both this year and last year: (Round your "Percentage" answers to 1 decimal place and other answers to 2 clecimal places.) a. The times interest earned ratio. b. The debtro-equity ratio. c. The gross margin percentoge. d. The return on total assets. (Total assets at the beginning of last year were $13,150.000) e. The return on equity, (Stockholders' equity at the beginning of last yoar totaled $8,503,550. There has beon no change in common stock dyer the last two years ) f. Is the company's financial leverage positive or negative