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Calculate the debt ratio, times interest earned ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys. Should any of these ratios Financial

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Calculate the debt ratio, times interest earned ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys. Should any of these ratios Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: 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 14,147,599 $ 13,566,130 Cost of goods sold -8,447,168 $ -8,131,041 Selling, general, and administrative expenses -997,754 $ -981,7431 Depreciation $ -1,497,954 $ -1,472,781 |EBIT $ 3,204,723 $ 2,980,565 Interest expense -376,571 $ -355,234 Taxes $ -1,074,698 $ -997,626 Net income $ 1,753,454 $ 1,627,705 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. ASSETS Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 190,150 $ 187,635 Accounts payable 2014 2013 Current assets Cash $ GA 1,545,106 $ 1,456,226 S A A A Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash S 190,150 $ 187,635 Accounts payable 1,545,106 $ 1,456,226 Investments $ 180,281 $ 121,514 Short-term debt $ 311,611 $ 333,212 Accounts receivable $ 668,628 $ 631,047 Total current liabilities 1,856,717 $ 1,789,438 Inventory 587,983 $ 564,503 Long-term liabilities Total current assets 1,627,042 $ 1,504,699 Debt 7,285,763 $ 6,603,018 Long-term assets Other liabilities 1,463,795 $ 1,346,781 Investments $ 3,053,401 $ 2,828,684 Total liabilities 10,606,275 $ 9,739,237 Plant, property, and equipments 8,497,951 $ 8,481,241 OWNERS' EQUITY Goodwill 348,157 $ 347,510 Common stock $ 1,458,619 $ 1,454,696 Intangible assets 1,157,862 $ 956,525 Retained earnings 2,619,519 $ 2,924,726 Total owners' equity $ 4,078,138 $ 4,379,422 TOTAL LIABILITIES TOTAL ASSETS 14,684,413 $ 14,118,659 AND OWNERS' EQUITY $ 14,684,413 $ 14,118,659 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 A A GA A GA GA in order to paste its contents into a spreadsheet

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