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: Lydex Compan Comparative Balance Sheet This Year Last Year Assets Current assets: Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses $ 880,000 1,120,000 300,000 1,480,000 2,200,000 180,000 5,280,000 8,970,000 $16,380,000 14, 250,000 2,380,000 3,520,000 240,000 7,020,000 9,360.000 Total current assets Plant and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities: Current liabilities Note payable, 10% $ 3,930,000 2,820,000 3,020,000 5,840,000 3,620,000 7,550,000 Total liabilities Stockholders' equity: $75 par value 7,500,000 910.000 8,410,000 $16,380,000 14,250,000 7,500,000 1330,000 8,830,000 Common stock, Retained earnings Total stockholders equity Total liabilities and stockholders equity