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Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window. Calculate the debt ratio, times interest earned ratio,

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Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window. Calculate the debt ratio, times interest earned 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? TRRR What is the debt ratio for 2014? (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue S 14.147,6245 13,566.994 S -8.447 2545 -8.131 246 Cost of goods sold Selling, general, and administrative expenses Depreciation $ -998.0275 -981,330 7 -1,498,9855 -1,471,952 EBIT 3.203,35$ $ $ $ 2.982,466 -354,940 Interest expense -375,0245 Taxes - 1,074.7875 -998460 Net Income $ 1.753,567 1,629,066 Right-click on the table and seleot Copy to clipboard and then night-click the highlighted texts in the popup dialogue box and select Cooy in order to paste its contents into a spreadsheet ASSETS 2014 Current assets 2013 Cash 3 S investments Aconcevable 1,545,740 311 340$ 1,857090 1455,814 333.407 $ 5 5 1,789,311 $ Tyler Toys Inc. Balance sheet of December 31, 2017 and 2014 2014 2013 LIABILITIES Current liabilities 190.020 $ 187325 Accounts payable 181 320$ 120.652 Short-term debt 688 5045 631430 Total current liabilities 550.0305 563.103 Long-term liabilities 1,628 542 $ 1,502 615 Dent Other 3.054 622 2827.640 Total abilities 3:40.10 5480.921 OWNERS' EQUITY 34710715 34700 Connon 1158 450 057410 and aming Total ownersequity TOTAL LIABILITIES 5 5 Totat current assets Long-term assets IS 1.288.510 $ 4833 10.607 4483 0004 492 1.345493 3,739297 5 15 5 Plant property and ennent God S 5 1451 2.610.175 4,078,109 230.033 4375,104 TOTAL ASSETS 14.85 567 4611520AND OWNERS EQUITY 1488.66114115201 Rock on the Copy to create thote the second search

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