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? Data table What is the current ratio for 2014? (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,324 $ 13,567,291 Cost of goods sold $ -8,448,368 $ -8,132,740 Selling, general, and administrative expenses $ -998,481 $ -980,026 Depreciation $ -1,497,126 $ -1,472,250 | EBIT $ 3,202,349 $ 2,982,275 Interest expense S -376,728 $ -354,436 Taxes $ -1,073,736 $ -998,579 Net Income $ 1,751,885 $ 1,629,260 Right click on the table and select Copy to clipboard and then right-click the Print Done - TV Current assets Current liabilities Cash 191,777 $ 187,291 Accounts payable 1,545,248 $ 1,455,761 $ $ Investments 181,925 $ 120,674 Short-term debt $ 311,866 $ 332,138 Accounts receivable 667,015$ 630,616 Total current liabilities 1,857,114 $ 1,787,899 Inventory 588,284 $ 564,084 Long-term liabilities 1,502,665 Debt Total current assets 1,629,001$ 7,286,701 $ 6,603,093 Long-term assets Other liabilities 1,462,499 $ 1,345,622 Investments $ 3,053,230 $ 2,828,300 Total liabilities $ 10,606,314 $ 9,736,614 Plant, property, and equipment 8,496,857 $ 8,480,224 OWNERS' EQUITY Goodwill 347,953 $ 347,255 Common stock $ 1,457,916 $ 1,454,933 $ $ Intangible assets 1,157,547 $ $ 2,620,358 $ 2,923,714 956,817 Retained earnings Total owners' equity 4,078,274 $ 4,378,647 TOTAL LIABILITIES TOTAL ASSETS $ 14,684,588 $ 14,115,261 AND OWNERS' EQUITY $ 14,684,588 $ 14,115,261