Financial ratios: Liquidity. The financial statements for Tyler Toys, Inc. are shown in the popup window: E. 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? $ $ $ Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue 14,146,535 $ 13,566,845 Cost of goods sold -8,447,478 $ -8,132,021 Selling, general, and administrative expenses -998,031 $ -980,645 Depreciation $ -1,498,631 $ -1,472,900 EBIT 3,202,395 $ 2,981,279 Interest expense -376,859 $ -355,713 Taxes $ -1,073,704 $ -997,715 Net income 1,751,832 $ 1,627,851 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 ontents into a spreadsheet. $ ASSETS 2014 2013 Current assets Cash $ $ 1,546,477 $ 312,016 $ 1,858,493 $ 1,455,515 333,457 1,788,972 $ Investments Accounts receivable $ Inventory $ Total current assets $ Long-term assets Investments $ Plant, property, and equipment $ Goodwill Intangible assets Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 190,435 186,539 Accounts payable 181,062 $ 120,448 Short-term debt 668,855 $ 630,976 Total current liabilities 588,514 $ 563,719 Long-term liabilities 1,628,866 $ 1,501,682 Debt Other liabilities 3,053,415 $ 2,828,043 Total liabilities 8,497,788 $ 8,481,526 OWNERS' EQUITY 348,190 $ 346,608 Common stock 1,158,492 $ 956,170 Retained earnings Total owners' equity TOTAL LIABILITIES 14,686,751 $ 14,114,029 AND OWNERS' EQUITY $ 7,286,715 $ 1,463,400 $ $ 10,608,608 $ 6,604,340 1,346,293 9,739,605 $ $ $ 1,457,044 $ 2,621,099 $ 4,078,143 $ 1,454,525 2,919,899 4,374,424 $ $ TOTAL ASSETS Diablolan betable and 14,686,751 $ 14,114,029 nord ab aliol #bo bibliebted #