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 Financial ratios: Liquidity. The financial statements for Tyler Toys, Inc. are shown in the popup window: concern for the managers of Tyler Toys or the shareholders? What is the current ratio for 2014? i Data Table - X (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,526 $ 13,566,632 Cost of goods sold $ -8,448,881 $ -8,132,403 Selling, general, and administrative expenses $ -997,193 $ 981,115 Depreciation $ -1,497,732 $ -1,471,491 EBIT $ 3,202,720 $ 2,981,623 Interest expense $ -375,638 $ -354,734 Taxes $ -1,074,291 $ -998,218 Net income $ 1,752,791 $ 1,628,671 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. Enter your answer in the answer box ar Activate Windows Go to Settings to activate Windows Check Answer 6 parts remaining Tyler Toys, Inc. ^ (r. 9) ENG 1:40 PM 12/11/2019 P14-9 (similar to) Question Help A - X Data Table any of these ratios or the change in a ratio warrant Financial ratios: Liquidity. The financial staten concern for the managers of Tyler Toys or the sha ASSETS 2014 | 2014 2013 What is the current ratio for 2014? Current assets (Round to four decimal places.) Cash Investments Accounts receivable Inventory 191,081 $ 181,537 $ 667,787 $ 588.727 $ 1,629,132 $ $ $ $ 1,546,240 $ 312,709 $ 1,858,949 $ 1,455,109 333,736 1,788,845 Total current assets $ 2013 LIABILITIES Current liabilities 187,394 Accounts payable 121,636 Short-term debt 630,919 Total current liabilities 563,187 Long-term liabilities 1,503,136 Debt Other liabilities 2,828,789 Total liabilities 8,480,574 OWNERS' EQUITY 346,192 Common stock 956,530 Retained earnings Total owners' equity TOTAL LIABILITIES 14,115,221 AND OWNERS' EQUITY $ $ $ 7,285,686 $ 1,462,030 $ 10,606,665 $ 6,603,954 1,346,776 9,739,575 Long-term assets Investments Plant, property, and equipment Goodwill $ $ 3,054,131 $ 8,497,816 $ 348,338 $ 1,158,688 $ Intangible assets $ $ $ $ 1,458,516 $ 2,622,924 $ 4,081,440$ 1,453,413 2,922,233 4,375,646 TOTAL ASSETS $ 14,688,105 $ $ 14,688,105 $ 14,115,221 Enter your answer in the answer box and then Print Done Activate Windows Go to Settings to activate Windows Check Answer parts remaining Clear All m ^ . o ra 1) ENG 12/11/2019 ) ENG 1:40 PM