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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
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 financlal statements, Including comparlng Lydex's performance to Its major competitors. The company's financlal statements for the last two years are as follows: To begin your assignment you gather the following financlal data and ratlos that are typical of companles in Lydex Company's indus Required: 1. Present the balance sheet in common-size format. 2. Present the Income statement In common-size format down through net Income. Required: 1. Present the balance sheet in common-size format. 2. Present the income statement in common-size format down through net income. Complete this question by entering your answers in the tabs below. Present the balance sheet in common-size format. (Round your answers to 1 decimal place. Due to rounding, figures may not fully reconcile down a column.) Complete this question by entering your answers in the tabs below. Present the income statement in common-size format down through net income. (Round your answers to 1 decimal place. Due to rounding, figures may not fully reconcile down a column.)
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