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 turnover 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 inventory turnover ratio for 2014? 14.3633 (Round to four decimal places.) What is the inventory turnover ratio for 2013? (Round to four decimal places.) Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 $ 14,147,082 $ 13,567,821 $-8,447,865 $ -8,132,844 $-997,284$-981,824 $1,497,011$1,471,717 $ 3,204,922 $2,981,436 $-375,359$-354,022 $-1,075,234$-998,417 $1,754,329$ 1,628,997 Revenue Cost of goods sold Selling, general, and administrative expenses Depreciation EBIT Interest expense Taxes Net income Balance Sheet as of December 31, 2013 and 2014 LIABILITIES 2014 2013 ASSETS Current assets Cash Investments Accounts receivable Inventory Total current assets Long-term assets Investments 2014 Current liabilities 190,817 $ 180,986 $ 121,029 Short-term debt 668,343 631,912 Total current liabilities 588,157$ 186,069 Accounts payable $ 1,546,097$ 1,455,14 311,587 $ 333,304 $1,857,684$ 1,788,451 563,850 Long-term liabilities $1,628,303 $ 1,502,860 Debt $7,286,155$ 6,604,812 $ 1,463,616$ 1,346,902 $ 10,607,455$ 9,740,165 Other liabilities $3,053,982 $ 2,828,715 Total liabilities $ 3,053,982$ 2,828,715 Total liabilities $ 10,607,455$ 9,740,165 Investments Plant, property, and equipment$ 8,496,879 $ 8,481,565 OWNERS' EQUITY Goodwill Intangible assets $ 348,121$346,879 Common stock $1,457,615$ 1,453,738 $ 2,619,948 2,922,337 $ 4,077,563$ 4,376,075 956,221 Retained earnings Total owners' equity TOTAL LIABILITIES TOTAL ASSETS $ 14,685,018 $ 14,116,240 AND OWNERS' EQUITY $ 14,685,018 14,116,240