You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets, Your boss 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: 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 intermediate calculations and final percentage answers to 1 decimal place e., 0.123 should be considered as 12.3%. Round the rest of the intermediate calculations and final answers to 2 decimal places.) a. The times interest earned ratio. b. The debt-to-equity ratio. c. The gross margin percentage. d. The return on total assets. (Total assets at the beginning of last year were $13, 010,000.) e. The return on equity. (Stockholders' equity at the beginning of last year totaled $8, 222, 950. There has been no change in common stock over the last two years.) f. Is the company's financial leverage positive or negative? Answer is complete but not entirely correct