Calculate the debt ratio, times interest earned ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys. Should Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the debt ratio for 2014? (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,686 $ 13,567,771 Cost of goods sold $ -8,448,607 $ -8,131,496 Selling, general, and administrative expenses $ -997,620 $ -980,436 Depreciation -1,498,625 $ -1,472,040 EBIT 3,201,834 $ 2,983,799 Interest expense -375,533 $ -354,839 Taxes $ -1,073,994 $ -999,005 Net income 1,752,307 $ 1,629,955 $ $ Diaht click on the table and coloctantolinboard and then richt click the ASSETS 2014 2013 Current assets Cash 1,545,738 $ 312,603 $ 1,858,341 $ 1,455,225 333,319 1,788,544 $ Investments $ Accounts receivable $ Inventory Total current assets $ Long-term assets Investments $ Plant, property, and equipment $ Goodwill $ Intangible assets $ Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 191,193 $ 186,401 Accounts payable 180,876 $ 121,983 Short-term debt 668,537$ 630,714 Total current liabilities 588,315 $ 563,094 Long-term liabilities 1,628,921 $ 1,502,192 Debt Other liabilities 3,053,775 $ 2,827,381 Total liabilities 8,496,122 $ 8,481,083 OWNERS' EQUITY 347,585 $ 346,006 Common stock 1,157,714 $ 957,436 Retained earnings Total owners' equity TOTAL LIABILITIES 14,684,117 $ 14,114,098 AND OWNERS' EQUITY $ 7,285,075 $ 1,463,319 $ $ 10,606,735 $ 6,604,202 1,346,650 9,739,396 $ 1,457,644 $ 2,619,738$ 4,077,382 $ 1,453,007 2,921,695 4,374,702 $ TOTAL ASSETS 14,684,117 $ 14,114,098