You have just been hired as a financlal 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 Company Comparative Balance Sheet This Year Last Year Assets Current assets: 1,020,000 1,260,000 Cash Marketable securities 300.000 Accounts receivable, net 2,940,000 2,040,000 Inventory 3,660,000 2,100,000 Prepaid expenses 270,000 210,000 Total current assets 7890,000 5,910,000 Plant and equipment, net 9,640,000 9,110,000 Total assets 17,530,000 15,020,000 Liabilities and Stockholders' Equity Liabilities 4,070,000 3.100,000 Current liabilities Note payable, 10% 3,700,000 3,100,000 Total liabilitles 6,200,000 7,770,000 Stockholders' equity