Problem 14-15(Algo) Comprehensive Ratio Analysis [LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information...
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Problem Algo Comprehensive Ratio Analysis LO LO LO LO LO The following information applies to the questions displayed below. 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: Problem Part Algo Required: You decide first to assess the company's performance in terms of debt management and profitability. Compute the following for both this year and last year: Round your "Percentage" answers to decimal place and other answers to decimal places. a The times interest earned ratio. b The debttoequity ratio. c The gross margin percentage. d The return on total assets. Total assets at the beginning of last year were $ e The return on equity. Stockholders equity at the beginning of last year totaled $ There has been no change in common stock over the last two years. Is the company's financial leverage positive or negative? 
Problem Algo Comprehensive Ratio Analysis LO LO LO LO LO
The following information applies to the questions displayed below.
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:
Problem Part Algo
Required:
You decide first to assess the company's performance in terms of debt management and profitability. Compute the following for both
this year and last year: Round your "Percentage" answers to decimal place and other answers to decimal places.
a The times interest earned ratio.
b The debttoequity ratio.
c The gross margin percentage.
d The return on total assets. Total assets at the beginning of last year were $
e The return on equity. Stockholders equity at the beginning of last year totaled $ There has been no change in common
stock over the last two years.
Is the company's financial leverage positive or negative?
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