Financial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window: Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset tumover for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concem for the managers of Tyler Toys or the shareholders? X What is the inventory turnover ratio for 2014? Data table (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 Revenue $ 2014 14,147,268 $ -8,447,688 $ 2013 13,566,916 -8,132,665 Cost of goods sold $ Selling, general, and administrative expenses S -998,644 S -1,498,294 $ -980,716 -1,472,956 Depreciation S EBIT $ 3,202,642 $ 2,980,579 Interest expense $ -375,301 $ -354,892 Taxes $ -1.074.390 $ -997,761 $ 1,752,951 $ 1,627,926 Net Income 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 Current liabilities 190,115 $ 187,123 Accounts payable 181,591 $ 121,946 Short-term debt 668,086 $ 630,022 Total current liabilities 588,897 $ 563,490 Long-term liabilities 1,628,689 $ 1,502,581 Debt Other liabilities 3,054,199 $ 2,827,656 Total liabilities 8,496,821 $ 8,480,339 OWNERS' EQUITY 348,930 $ 346,877 Common stock 1,157,868 $ 956,135 Retained earnings Total owners' equity TOTAL LIABILITIES $ 14,686,507 $ 14,113,588 AND OWNERS' EQUITY ASSETS Current assets Cash Investments Accounts receivable Inventory Total current assets Long-term assets Investments Plant, property, and equipment $ Goodwill $ Intangible assets TOTAL ASSETS $ SA GA GA GA EA 2014 $ 1,545,671 $ 312,534 $ 1,858,205 $ 7,285,102 $ 1,462,758 $ 10,606,065 $ 1,458,882 $ 2,621,560 $ 4,080,442 $ 14,686,507 $ $ $ $ $ 2013 1,455,428 333,493 1,788,921 6,604,087 1,345,799 9,738,807 1,453,925 2,920,856 4,374,781 14,113,588