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 Financial ratios: Liquidity. The financial statements for Tyler Toys, Inc. are shown in the popup window: warrant concern for the managers of Tyler Toys or the shareholders? What is the current ratio for 2014? (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,700 $ 13,566,400 Cost of goods sold $ -8,449,100 $ -8,131,300 Selling, general, and administrative expenses $ -999,320 $ -982,160 Depreciation $ -1,498,980 $ -1,473,240 EBIT $ 3,199,300 $ 2,979,700 Interest expense $ -375,000 $ -356,100 Taxes $ -1,093,300 $ -1,041,500 Net income $ 1,731,000 $ 1,582,100 Right click on the table and select Copy to clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Current liabilities Cash $ 191,000 $ 188,900 Accounts payable $ 1,545,700 $ 1,455, 100 Investments $ 182,300 $ 121,800 Short-term debt $ 311,500 $ 332,600 Accounts receivable $ 669,400 $ 630,400 Total current liabilities $ 1,857,200 $ 1,787,700 Inventory $ 587,500 $ 563,600 Long-term liabilities Total current assets $ 1,630,200 $ 1,504,700 Debt $ 8,658,400 $ 7,934,400 Long-term assets Other liabilities $ 1,462,100 $ 1,345,100 $ 3,052,000 $ 2,827,900 Total liabilities $ 11,977,700 $ 11,067,200 Investments Plant, property, and equipment Goodwill $ 8,498,900 $ 8,481,500 OWNERS' EQUITY $ 349,000 $ 348,700 Common stock $ 1,457,900 $ 1,453,400 Intangible assets $ 1,159,300 $ $ 1,253,800 $ 1,598,900 956,700 Retained earnings Total owners' equity $ 2,711,700 $ 3,052,300 TOTAL LIABILITIES TOTAL ASSETS $ 14,689,400 $ 14,119,500 AND OWNERS' EQUITY $ 14,689,400 $ 14,119,500