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  3. you have just been hired as a financlal analyst fo

You have just been hired as a financlal analyst for Lydex Company, a manufacturer of...

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Accounting

You have just been hired as a financlal analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to
perform a comprehensive analysis of the compary'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:
To begin your assignment you gather the following financial data and ratics that are typical of companies in Lydex Company's industry:
Required:
Present the balance sheet in common-size format.
Present the income statement in common-size format down through net income.
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