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Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: EEB Calculate the debt ratio, times interest eamed
Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: EEB Calculate the debt ratio, times interest eamed ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concem for the managers of Tyler Toys or the shareholders? What is the debt ratio for 2014? Data Table (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending r 31, 2013 and 2014 2014 2013 Revenue S 14,146,393 13,566,249 S -8,447,556 -8,131,085 Cost of goods sold Selling, general, and administrative expenses Depreciation EBIT S 997,229$ 981,228 S 1,498,6151,472,192 S 3,202,9932,981,744 S 375,773$ -355,299 998,049 S 1,752,876$ 1,628,396 Enter your answer in the answer box and then click nterest expense axes S 1,074,344$ parts remaining Net income Riaht-click on the table and select Coov to Clioboard and then riaht-click the
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