Financial ratios : Liquidity.

The financial statements for Tyler's Toys, Inc are show in the pop-up window. Calculate the current ratio, quick ratio, and cash ratio for Tylers Toy's for 2013 and 2014. Should any of these ratios or the change in ratio warrant concern for the managers of Tyler's Toys or the shareholders

Data Table Find fort HW Score: 64.66%, 11.64 Wha Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue S 14,147 208 $ 13,567,050 Cost of goods sold $ -8,448.478 8.132.829 Selling, general, and administrative expenses $ -998,608 $ 981.969 Depreciation $ -1,498,363 $ -1 471,181 EBIT $ 3,201,7595 2,981.071 Interest expense $ -375,172 $ -354,010 Taxes $ -1,074,1035 -998,283 Net Income $ 1,752,484 $ 1.628,778 Right click on the table and select Copy to Clipboard and then night-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 Enter Print Done 6 PL reme W EPIC nd HW Score: 64.66%, 11.64 of 18 pts Data Table ha ato ] ASSETS 2014 Current assets Cash Investments 2013 $ $ Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 191,854 $ 186432 Accounts payable 181,904 $ 120,050 Short-term debt 668,625 $ 631,166 Total current liabilities 588,838 $ 564.023 Long-term liabilities 1,631,221 $ 1,501,671 Debt Other liabilities $ $ Accounts receivable $ 1,546 475$ 3128665 1,859,341 $ 1455.825 333715 1,789,541 $ s Inventory Total current assets $ $ Long-term assets $ 7.285.346 $ 1.463,163 $ 10,607,870 $ 6,503.986 1345 508 $ 9,739,035 Investments $ Plant, property, and equipments Goodwill $ Intangible assets $ 3,053,080 $ 8,497,528 $ 347,081 $ 1,158,901 $ 2,828,502 Total liabilities 8.480,583 OWNERS' EQUITY 346,548 Common stock 957,634 Retained earnings Total owners' equity TOTAL LIABILITIES $ $ 1,458,750 $ 2,621,182 $ 1,453,897 2,922,006 4.375,903 5 4,079,9415 $ TOTAL ASSETS 14,687,811 S $ 14,687,811 $ 14,114,938 14,114,938 AND OWNERS' EQUITY Print Done TTTTTTTT EPIC 14 : GAMES