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 a ratio warrant concern for the managers of Tyler Toys or the shareholders? 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 14,146,508 $ 13,566,433 -8,447,341 $ -8,132,098 $ Revenue Cost of goods sold Selling, general, and administrative expenses Depreciation |EBIT $ -998,025 $ -981,414 -1,472,987 $ -1,497,817 $ 2,979,934 $ $ 3,203,325 $ -375,790 $ Interest expense $ -355,802 -997,170 Taxes $ -1,074,463 $ Net income $ 1,753,072 $ 1,626,962 Pightclick on the table and select Con to Clinboard and then richt click the ASSETS 2014 2013 $ $ $ $ $ 1,546,972 $ 311,011 $ 1,857,983 $ 1,456,392 332,798 1,789,190 $ $ Current assets Cash Investments $ Accounts receivable Inventory $ Total current assets $ Long-term assets Investments $ Plant, property, and equipment $ Goodwill $ Intangible assets 6,603,838 Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 191,339 $ 186,785 Accounts payable 181,621 $ 120,833 Short-term debt 667,412 $ 631,186 Total current liabilities 588,359 $ 564,035 Long-term liabilities 1,628,731 $ 1,502,839 Debt Other liabilities 3,054,786 $ 2,827,522 Total liabilities 8,497,647 $ 8,480,383 OWNERS' EQUITY 348,387 $ 347,617 Common stock 1,158,533 $ 957,783 Retained earnings Total owners' equity TOTAL LIABILITIES 14,688,084 $ 14,116,144 AND OWNERS' EQUITY $ $ $ $ 7,285,796 $ 1,462,913 $ 10,606,692 $ 1,345,199 $ 9,738,227 1,455,000 2,922,9171 $ 1,458,253 $ 2,623,139 $ 4,081,392 $ $ $ 4,377,917 TOTAL ASSETS $ $ 14,688,084 $ 14,116,144 LI til