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? Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,114$ 13,567,837 $ -8,447,423 $ -8,132,018 Cost of goods sold Selling, general, and administrative expenses Depreciation $ -997,760 $ -981,950 $ -1,498,918$ -1,472,404 |EBIT $ 3,202,013 $ 2,981,465 Interest expense $ -376,712$ -355,492 Taxes $ -1,073,614 $ -997,870 Net income $ 1,751,687 $ 1,628,103 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. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Current liabilities Cash 190,928 $ 186,439 Accounts payable $ 1,456,975 1,546,317 $ 311,292 $ Investments $ 180,629 $ 121,829 Short-term debt $ 332,327 Accounts receivable $ 667,668$ 630,844 Total current liabilities $ 1,857,609 $ 1,789,302 Inventory $ 587,819 $ 564,963 Long-term liabilities