c14 q5 need help with all 7 parts

Financial ratios: Liquidity.The financial statements for Tyler Toys, Inc. are shown in the popup window:

LOADING...

. Calculate the current ratio, quick ratio, and cash ratio for Tyler Toys for 2013 and 2014. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders?

Tyler Toys, Inc.
Income Statement for Years Ending December 31, 2013 and 2014
	2014	2013
Revenue	$14,147,620	$13,566,663
Cost of goods sold	$-8,448,886	$-8,131,322
Selling, general, and administrative expenses	$-998,974	$-980,571
Depreciation	$-1,497,460	$-1,471,263
EBIT	$3,202,300	$2,983,507
Interest expense	$-376,430	$-354,531
Taxes	$-1,073,831	$-999,011
Net income	$1,752,039	$1,629,965

Right-click on the table and select Copy to Clipboard and then right-click thehighlighted texts in the popup dialogue box and select Copy in order to paste itscontents into a spreadsheet.

What is the current ratio for 2014?

enter your response here

(Round to four decimal places.)