Data Table Inventory $ 587,051 $ 563,080 Long-term liabilities 1,502,832 Debt Total current assets $ 1,626,437 $ $ 7,286,744 $ 6,603,740 Other liabilities $ 1,463,339 $ 1,345,627 3,053,619 $ 2,827,644 Total liabilities $ Long-term assets Investments $ Plant, property, and equipment $ Goodwill $ 10,609,262 $ 9,739,529 8,497,487 $ 8,481,468 OWNERS' EQUITY 347,070 $ 347,313 Common stock $ 1,458,024 $ 1,453,521 Intangible assets $ 1,158,018 $ 956,122 Retained earnings $ 2,615,345 $ 2.922,329 Total owners' equity $ 4,073,369 $ 4,375,850 TOTAL LIABILITIES Print Done 25 2014 2013 $ $ 13,567,416 14,146,612 $ -8,448,066 $ -8,131,438 Revenue Cost of goods sold Selling, general, and administrative expenses Depreciation $ -981,301 -1.471,876 $ EBIT A -997,617 $ -1,497 894 $ 3,203,035 $ -376,289 $ -1.074,163 $ Interest expense Taxes $ $ 2,982.801 -354,712 -998,674 Net income A 1.752.583 1.629.415 Print Done Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Cash S 190,869 $ $ 1,546,795 $ 1,456,587 Investments Current liabilities 187,390 Accounts payable 121,464 Short-term debt 630,898 Total current liabilities $ 180,357 $ 312,384 $ 333,575 Accounts receivable $ 668.160 $ $ 1,859,179 $ 1,790.162 Inventory S 587,051 $ 563,080 Long-term liabilities E Total current assets 1626.437 S 1.502 832 Debt S 7 286 744. s 603 74 Print Done TOTAL LIABILITIES TOTAL ASSETS $ 14,682,631 $ 14,115,379 AND OWNERS' EQUITY 14,682,631 $ 14,115,379 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. P14-10 (similar to) Question Help Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: : Calculate the debt ratio, times interest eamed ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys. Should 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.)