Financial ratios: Financial leverage. The financial statements for Tyler Toys, loo are shown in the popup window Calculate the debt rati, mes interest eemed ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys Should any of these ratios or the change in a ratio wanant concern for the managers of Tyler Toys or the shareholders? What is the debt ratio for 20147 (Round to four decimal places) What is the times interest eamed ratio for 20147 (Round to four decimal places) What is the cash coverage ratio for 2014 (Round to four decimal places) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,498 $ 13,567,062 Cost of goods sold $ -8,448,235 $ -8,131,764 Selling, general, and administrative expenses -998,768 $ -980, 198 Depreciation -1,498,384 $ -1,472,405 EBIT 3,201,111 $ 2,982,695 Interest expense -376,989 $ -355,601 Taxes -1,073,166 $ -998,296 Net income $ 1,750,956 $ 1,628,798 Right click on the table and select Gony to Clipboard and then right-click the 69 $ $ 69 GA Contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash 190,911 $ 186,745 Accounts payable 1,545,814 $ 1,456,708 Investments 181,837 $ 120,100 Short-term debt 311,364 $ 332,278 Accounts receivable 668,918 $ 631,233 Total current liabilities 1,857,178 $ 1,788,986 Inventory 588,899 $ 563,715 Long-term liabilities Total current assets $ 1,630,565 $ 1,501,793 Debt 7,286,770 $ 6,603,530 Long-term assets Other liabilities 1,462,378 $ 1,346,647 Investments $ 3,054,577 $ 2,828,915 Total liabilities 10,606,326 S 9,739,163 Plant, property, and equipment S 8,496,180 $ 8,481,757 OWNERS' EQUITY 1,458,058 S 1,453,218 347,415 Common stock Goodwill $ 347,157 $ 1,157,895 $ 2,621,990 $ 2,924,920 957,421 Retained earnings Intangible assets $ Total owners' equity 4,080,048 $ 4,378,138 TOTAL LIABILITIES $ 14,686,374 $ 14,117,301 $ 14,117,301 AND OWNERS' EQUITY TOTAL ASSETS 14,686,374 S 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. $ $ $ $ $ $ $ $ $ S $ $