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Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: E3 Calculate the debt ratio, times interest eamed
Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: E3 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 concern for the managers of Tyler Toys or the shareholders? What is the debt ratio for 2014? (Round to four decimal places.) What is the debt ratio for 2013? (Round to four decimal places.) What is the times interest eaned ratio for 2014? (Round to four decimal places.) What is the times interest earned ratio for 2013? (Round to four decimal places.) What is the cash coverage ratio for 2014? (Round to four decimal places.) Click to select your answer s)
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