\begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{\begin{tabular}{l} Tyler Toys, Inc. \\ ears Ending Decemb \end{tabular}} \\ \hline & & 2014 & & 2013 \\ \hline Revenue & $ & 14,146,700 & $ & 13,566,400 \\ \hline Cost of goods sold & $ & 8,449,100 & $ & 8,131,300 \\ \hline \begin{tabular}{l} Selling, general, and \\ administrative expenses \end{tabular} & s & & s & \\ \hline Depreciation & $ & 1,498,980 & s & 1,473,240 \\ \hline EBIT & $ & 3,199,300 & $ & 2,979,700 \\ \hline Interest expense & s & 375,000 & s & 356,100 \\ \hline Taxes & s & 1,093,300 & $ & 1,041,500 \\ \hline \end{tabular} Data table Net income Right-click on the table and select Copy to Clipboard and then right-click the hightighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet: Financial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window: Calculate the inventory turnover, days" sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the receivables turnover ratio for 2014 ? (Round to four docimat places.) What is the receivables turnover ratio for 2013 ? (Round to four docimal places) What is the days' sales in recelvables ratio for 2014 ? days (Round to four docimal placos?) What is the days' sales in receivables ratio for 2013 ? days (Round to four docimal places.) Data table Financial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window: . Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset furnover for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a rato warrant concern for the managers of Tyler Toys or the shareholders? What is the total asset turnover ratio for 2014 ? (Round to four docimst placots) What is the total asset turnover ratio for 2013 ? (Round to four decimal places.) Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? (Solect the best response.) A. The company has a very good turnover of assets but collects its recelvables slowly; thus there are some real concerns from these ratios. B. The company has a very poor furnover of assets and collects its receivables quickly; thus there are some concerns from these ratios. C. The company has a very good turnover of assets and collects its receivables quickly; thus there are no real concerns from these ratios. Einancial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window: Caiculate the inventory turnover, days sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover for 2013 and 2014 for Tyler Toys, Should any of these ratios or the change h a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the irventory turnower ratio for 2014 ? (Round to four docimal placess) What is the inventory tumover ratio for 2013 ? (Round to four docimat places.) What is the days' sales in inventocy ratio for 2014 ? days (Round to four decimal places:) What is the days' sales in imventory ratio for 2013 ? days (Round to four docimal places.)
