Financial ratios: Liquidity.Calculate the current ratio, quick ratio, and cash ratio for Tyler Toys for 2013 and 2014. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? Round to four decimal places.

Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,529 $ 13,566,082 Cost of goods sold $ -8,448,886 $ -8,132,510 Selling, general, and administrative expenses -997,447 $ -980,331 Depreciation $ -1,497,094 $ -1,472,380 EBIT $ 3,203,102 $ 2,980,861 Interest expense $ -376,146 $ -355,307 $ 1,074,243 $ -997711 Net income $ 1,752,713 $ 1,627,843 Taxes Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,529 $ 13,566,082 Cost of goods sold $ -8,448,886 $ -8,132,510 Selling, general, and administrative expenses -997,447 $ -980,331 Depreciation $ -1,497,094 $ -1,472,380 EBIT $ 3,203,102 $ 2,980,861 Interest expense $ -376,146 $ -355,307 $ 1,074,243 $ -997711 Net income $ 1,752,713 $ 1,627,843 Taxes