PROBLEM 16-15 Comprehensive Ratio Analysis LO16-2, () LO16-3, LO16-4, (4) LO16-5, (1) L016-6 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 compreliensive 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: this year and last year: a. The times interest carned ratio. b. The debr so equity ratio. c. The gross margin percentage. d. The return on total assets. (Total assets at the beginning of last year were $12.960.000.) c. The return on equity. (Stochholder' equity at the beginning of last jear totaled $9.048.000. There has been no change in common stock over the last two years.) f. Is the company's financial leverage positive or negative? Explain. eed to edit, it's safer to stay in Protected View. To begin your assignment you gather the following financial data and ratios that are typical on companies in lydex Company's industry