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 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: CurrentratioLrid-testratioAveragecollectionperiodAveragesoleperiodReturnonessetsDebt-to-equityratioTisesinterestearnedratioPrice-carningsratso2.31.132days60days9.70.75.710 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 "Percentoge" onswers to 1 decimal place and other answers to 2 decimal places.) a. The times imerest earned ratio. b. The debt-10 equity ratio. c. The gross margin percentage d. The return on total assets (Total assets at the beginning of last year were $13,110,000 ) e. The retum on equity (Stockhoiders' equity at the beginning of last year totaled $8,492,250. There has been no change in common slock over the last two years) 1 is the company/s financial leverage positue or negative