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 compary'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 ratics that are typical of companies in Lydex Company's industry:

Required:

Present the balance sheet in common$-$size format.

Present the income statement in common$-$size format down through net income.