[The following information applies to the questions displayed below.] 14-4, You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety he... you to perform a comprehensive analysis of the company's financial statements, including com to its major competitors. The company's financial statements for the last two years are as follow Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash 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: Common stock, $70 par value Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 950,000 0 2,660,000 3,590,000 260,000 7,460,000 9,500,000 $ 16,960,000 $ 1,190,000 300,000 1,760,000 2,400,000 200,000 5,850,000 9,040,000 $ 14,890,000 $ 4,000,000 3,660,000 7,660,000 7,000,000 2,300,000 9,300,000 $ 16,960,000 $ 2,960,000 3,060,000 6,020,000 $ 14,890,000 7,000,000 1,870,000 8,870,000