Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popuo window Calculate the debt ratio, times interest eamed ratio, and cash coverage ratio for 2013 and 2014 for Tyler Toys Should any of these ration or change in a ratio warrant concern for the marugers 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 tex (Round to four decimal places) What is the times interest eamed ratio for 2014? (Round to tout decimal places) call What is the times interest earned ratio for 2013? (Round to four decimal places) rlesd What is the cash coverage ratio for 2014? sic Stud N Round to tour decimal places unicat What is the cash coverage ratio for 2013 FR to tow decimal Net Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the survolers? (Select the best response) all OA. The debe ratio is very high and would warrant concem if the cash coverage ratio or the times internet earned ratio was high, but with low into this mearms they are handling their large debt well sa OB. The debt ratio is very low and would warrant concem if the cash coverage ratio or the times interest armed ratio was low but with high vatios this means they are handling their large debt well tud OC. The debt ratio is very low and would warrant concem if the cash coverage ratio of the times interest earned ratio was high, but with low ratios this means they ale handling their large debt well cati OD. The debt ratio is very high and would warrant concem if the cash coverage ratio or the times interest earned ratio was low, but with high to this means they are handling their large debt well able St Tyler Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14. 147.953 $ 13,566,044 Cost of goods sold $ 8,447,7295 8,132.765 Selling, general, and administrative expenses $ -997 0185 -981,461 Depreciation -1.498.083 -1.471.628 EBIT $ 3,205 1235 2.980.190 interest expense S 376.4171$ 355 724 $ 1.074 9085 -997.297 Taxes S 1.753.7985 1,627.169 Net income Right click on the table and select Copy to clipboard and then nght click the hinta forte ao the nation and saleet Chouin rerinasie they they ata table St lyler ASSETS 2014 2013 Current assets Cash $ s s S 1.545,322/ 312.515$ 1.857. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 190.789S 187.085 Accounts payable 181.4201$ 121.654 Short-term debat 667.4371$ 631 049 Total current liabilities 588.8525 563.876 Long-term liabilities 1,628,498 $ 1.503,664 Det Other abilities 3.053 1065 2,838 643 Total liabilities 84973985 8481150 OWNERS' EQUITY 1.456.480 333.889 1.790369 Investments Accounts receivable Inventory Total current assets S $ 5 $ $ 7.285350 1162169/ 10.605, 1565 5.80397 1345 131 9.739,472 5 hey Long-term assets tnwestmaits Plant, property, and equipment 5 Pent Done BE 4/4/278:21 PM This test: 100 points) possible Data table Tyler Inventory $ 588,852 $ 563,876 Long term liabilities Total current assets $ 1,628,498 1,503,664 Debt $ 7.285,350 $ 6.603.972 Long-term assets Other lithilities s 1 462 1695 1345 131 Investments $ 3,053, 1065 2,828,643 Total liabilities $ 10,605,3565 9.729.472 Plant property, and equipments 8.497.398$ 8,481 150 OWNERS' EQUITY Goodtwall $ 347,526 $ 316,909 Common stock 5 1457,05615 1.454045 Intangible assets s 1 157 3345 957.457 Retained earnings $ 2.621 Cols Total owners equity 5 4,076,506 TOTAL LIABILITIES 14.362 147.22 TOTAL ASSETS 14.117.832 AND OWNERS' EQUITY 14,683,06215 Right click on the table and select Copy to clipboard and then ghe-click the highlighted texts to put Copy in order to paste its contents into a spreadsheet