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 aske you to perform a comprehensive analysis of the company's financial statements, including comparing Lydex's performanc to its major competitors. The company's financial statements for the last two years are as follows: 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 $ 950,000 0 2,660,000 3,590,000 7,460,000 $ 1,190,000 300,000 1,760,000 2,400,000 200,000 260,000 9,500,000 $16,960,000 5,850,000 9,040,000 $14,890,000 $ 4,000,000 3,660,000 7,660,000 $ 2,960,000 3,060,000 6,020,000 7,000,000 7,000,000 2,300,000 1,870,000