2. Present the income statement in common-size format down through net income. (Round your percentage answers to 1 decimal place i.e., 0.123 is considered as 12.3. Due to rounding, figures may not fully reconcile down a column.) Lydex Company Common-Size Income Statements This Year Last Year Sales % Cost of goods sold Gross margin Selling and administrative expenses Net operating income Interest expense

In the Annual Report, Form 8K, and Form 10Q of a company, what type of financial information is found that can be useful in understanding the financial operation and condition of a company? If I have these forms from the past  3 years, what information can be found in these forms that could tell me about the operation and condition of the company?

Required information Skip to question   [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:   Lydex CompanyComparative Balance Sheet   This Year Last Year Assets         Current assets:         Cash $ 860,000 $ 1,100,000 Marketable securities   0   300,000 Accounts receivable, net   2,300,000   1,400,000 Inventory   3,500,000   2,000,000 Prepaid expenses   240,000   180,000 Total current assets   6,900,000   4,980,000 Plant and equipment, net   9,320,000   8,950,000 Total assets $ 16,220,000 $ 13,930,000 Liabilities and Stockholders' Equity         Liabilities:         Current liabilities $ 3,910,000 $…

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:   Lydex CompanyComparative Balance Sheet   This Year Last Year Assets     Current assets:     Cash $ 980,000 $ 1,220,000 Marketable securities 0 300,000 Accounts receivable, net 2,780,000 1,880,000 Inventory 3,620,000 2,200,000 Prepaid expenses 260,000 200,000 Total current assets 7,640,000 5,800,000 Plant and equipment, net 9,560,000 9,070,000 Total assets $ 17,200,000 $ 14,870,000 Liabilities and Stockholders' Equity     Liabilities:     Current liabilities $ 4,030,000 $ 3,020,000 Note payable, 10% 3,680,000 3,080,000 Total liabilities 7,710,000 6,100,000 Stockholders' equity:     Common stock, $75 par value…

Rick's ROA?

[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:   Lydex CompanyComparative Balance Sheet   This Year Last Year   Assets           Current assets:              Cash $ 1,010,000     $ 1,250,000          Marketable securities   0       300,000          Accounts receivable, net   2,900,000       2,000,000          Inventory   3,650,000       2,000,000          Prepaid expenses   270,000       210,000                 Total current assets   7,830,000       5,760,000       Plant and equipment, net   9,620,000       9,100,000                 Total assets $ 17,450,000     $…

The balance sheet provides a snapshot of the financial condition of a company. Investors and analysts use the information given on the balance sheet and other financial statements to make several interpretations regarding the company’s financial condition and performance. Cold Goose Metal Works Inc. is a hypothetical company. Suppose it has the following balance sheet items reported at the end of its first year of operation. For the second year, some parts are still incomplete. Use the information given to complete the balance sheet. Cold Goose Metal Works Inc. Balance Sheet for Year Ending December 31 (Millions of Dollars)   Year 2 Year 1   Year 2 Year 1 Assets     Liabilities and equity     Current assets:     Current liabilities:     Cash and equivalents    $4,612 Accounts payable $0 $0 Accounts receivable 2,109 1,688 Accruals 293 0 Inventories 6,187 4,950 Notes payable 1,660 1,562 Total current assets $14,062 $11,250 Total current liabilities    $1,562 Net…

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: Lydex Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash $ 1,020,000 $ 1,320,000 300,000 2,040,000 2,100,000 210,000 Marketable securities Accounts receivable, net Inventory Prepaid expenses 2,940,000 3,660,000 270,000 7,890,000 9,640,000 5,970,000 9,110,000 Total current assets Plant and equipment, net Total assets $17,530,000 $ 15,080,000 Liabilities and Stockholders' Equity Liabilities: Current liabilities $ 4,070,000 3,700,000 $ 2,450,000 3,100,000 Note payable, 10% Total liabilities 7,770,000 5,550,000 Stockholders' equity: Common stock, $75 par value Retained earnings 7,500,000 2,260,000 7,500,000 2,030,000 Total…