Question: Required: 1. Present the balance sheet in common-size format. (Round your percentage answers to 1 decima place L.e., 0.123 is considered as 12.3. Due to

 Required: 1. Present the balance sheet in common-size format. (Round your
percentage answers to 1 decima place L.e., 0.123 is considered as 12.3.
Due to rounding, figures may not fully reconcile down a column Lydex
Company Common-Size Balance Sheets This Year Last Year Assets Current assets: Cash

Required: 1. Present the balance sheet in common-size format. (Round your percentage answers to 1 decima place L.e., 0.123 is considered as 12.3. Due to rounding, figures may not fully reconcile down a column Lydex Company Common-Size Balance Sheets This Year Last Year Assets Current assets: Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses 0.0 0.0 Total current assets Plant and equipment, net Total assets Liabilities and Stockholders' Equity Liabilities: 0.0 % 0.0 % Current liabilities Note payable, 10% Total liabilities 0.0 0.0 Stockholders' equity Common stock, $70 par value Retained earnings Total stockholders equity Total liabilities and equity 0.0 0.0 % 0.0 0.0 %

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