nework

Help

Problem $14-15($Algo$)$ Comprehensive Ratio Analysis $[$LO$14-2,$ LO$14-3,$ LO$14-4,$ LO$14-5,$ LO$14-6]$

$[$The following information applies to the questions displayed below$]$ Lydex Company's financial statements for the last two years are as follows:

$\backslash$table$[[$tydex Company Comparative Balance Sheet$],[,$This Year,Last Year$],[$Assets$],[$Current assets:$],[$Cash$,$$ $1,030,0$ee$,$$ $1,270,009],[$Marketable securities$,9,30$e$,00$e$],[$Accounts receivable, net,$2,980,060,2,050,000],[$Inventory$,3,670,000,2,200,000],[$Prepaid expenses,$270,000,210,009],[$Total current assets,$7,950,000,6,060,000],[$Plant and equipment, net,$9,660,000,9,120,000],[$Total assets,$ $17,610,000,$$ $15,180,000],[\backslash$table$[[$Liabilities and Stockholders $$ Equity$],[$Liabllities:$]]],[$Current liabilities,$ $4,0$se$,000,$$ $3,120,009],[$Note payable, $105,3,720,009,3,120,000],[$Total liabilities,$7,800,009,6,240,000],[$Stockholders$\text{'}$ equity:$],[$Corson stock, $$70$ par value,$7,000,000,7,000,0$e$0],[$Retained earnings,$2,810,000,1,940,009],[$Total stockholders" equity,$9,810,000,8,940,000],[$Total Llabllities and stockholders' equity,$ $17,610,000,$$ $15,180,000$i