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You have just been hired as a finandal analyst for Lydex Company, a manufacturer of safery helmets. Your boss has a ske d you to

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You have just been hired as a finandal analyst for Lydex Company, a manufacturer of safery helmets. Your boss has a ske d you to perform a comprehens ive analysis of the company's financial sta tements, including comparing Lydex's performance to its major competitors. The comp any's financial statements for the last two years are as follows: To begin your assignment you gather the fol lowing fin ancial data and ratios that are typical of companies in Lydex Company's industr? Required: 1. Present the balance sheet in common-size format. 2. Present the income statement in common-5ize format down through net income. 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.) 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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