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To begin your assignment you gother the following financial data and ratios that are typical...

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Accounting

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To begin your assignment you gother the following financial data and ratios that are typical of companies in Lydex Company's industry Problem 14-16 (Algo) Common-Size Financial Statements [LO14-1] 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. 1 Present the balance sheet in common-size format. 2. Present the income statement in common-size format down through net income. Complete this question by entering your answers in the tabs below. Present the balance sheet in common-size format. (Round your answers to 1 decimal place. Due to rounding, figh fully reconcile down a column.)

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