Chapter 15 Problems Saved Help Save & Exit Submit Check my work 5 Required information [The following information applies to the questions displayed below.] Part 2 of 3 You have just been hired as a financial 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: points Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: eBook Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses 1,050,000 1,290,000 300,000 2,160,000 2,400,000 220,000 6,370,000 9,140,000 $17,450,000 $15,510,000 3,060,000 3,400,000 240,000 7,750,000 9,700,000 Print Total current assets Plant and equipment, net Total assetS Liabilities and Stockholders' Equity References Liabilities: Current liabilities Note payable, 10% $4,400,000 3,160,000 3,120,000 6.280, 000 3,720,000 8,120.000 Total liabilities Stockholders' equity: Common stock, $70 par value Retained earnings 7,000,000 2,230,000 9,230,000 $17,450,000 15,510,000 7,000,000 2,330,000 9,330,000 Total stockholders equity Total liabilities and stockholders' equity