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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
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 tabletableTyler Toys, Inc.Income Statement for Years Ending December and Revenue$$Cost of goods sold,$$tableSelling general, andadministrative expenses$$Depreciation$$EBIT$$Interest expense,$$Taxes$$Net income,$$
Rightclick on the table and select Copy to Clipboard and then rightclick the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet.
tabletableTyler Toys, Inc.Balance Sheet as of December and ASSETSLIABILITIES,,Current assets,,,,Current liabilities,,,,Cash$Accounts payable,$$
for and 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
Round to four decimal places.
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