Required information Whe following information applies to the questions displayed below] You have just been hired as a financial analyst for Lydex Company, a manulacturer of safety helmets. Your boss has aske you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performand to its major competitors. The company's financial statements for the last fwo 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: 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" answers to 1 decimal ploce ond other answers to 2 decimal places.) a. The times interest earned ratio. b. The debt-to-equity ratio. c. The gross margin percentage. d. The retum on total assets. (Total assets at the beginning of last year were $12,980,000 ) e. The return on equity. (Stockholders' equity at the beginning of last year totaled $7,834,300. There has been no change in common stock over the last two years. f. Is the company's financial leverage positive or negative