Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: B. 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? What is the debt ratio for 2014? (Round to four decimal places.) Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 $ 14,146,340 $ 13,566,442 $ -8,448,333$ -8,131,227 Revenue Cost of goods sold Selling, general, and administrative expenses Depreciation $ -997,175 $ -981,210 $ -1,497,331 $ -1,471,128 EBIT $ 3,203,501 $ 2,982,877 Interest expense $ -375,414 $ -355,613 Taxes $ -1,074,673 $ -998,360 Net income $ 1,753,414 $ 1,628,904 Diabt alialan the table and color any to clipboard and than riabt alia the 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 $ 190,557 $ 186,877 Accounts payable $ 1,546,245 $ 1,456,681 Investments $ 181,105 $ 120,623 Short-term debt $ 312,552 $ 333,562 Accounts receivable $ 668,908 $ 630,051 Total current liabilities $ 1,858,797 $ 1,790,243 Inventory $ 587,194 $ 563,053 Long-term liabilities Total current assets $ 1,627,764 $ 1,500,604 Debt $ 7,286,153 $ 6,604,718 Long-term assets Other liabilities $ 1,463,572 $ 1,346,777 Investments $ 3,053,905 $ 2,827,801 Total liabilities $ 10,608,522 $ 9,741,738 Plant, property, and equipment $ 8,496,478 $ 8,481,348 OWNERS' EQUITY Goodwill $ 348,585 $ 347,216 Common stock $ 1,457,942 $ 1,454,636 Intangible assets $ 1,157,142 $ 956,410 Retained earings $ 2,617,410 $ 2,917,005 Total owners' equity $ 4,075,352 $ 4,371,641 TOTAL LIABILITIES TOTAL ASSETS 14,683,874 $ 14,113,379 AND OWNERS' EQUITY $ 14,683,874 $ 14,113,379 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