Finaricial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window Calculate the debt ratio, times interest earned ratio, and cash coverage ratio tor 2013 and 2014 for Tyler Toys Should any of these ratios or that change in a ratio warunt concern for the managers at Tyler Toys or the shareholders? What is the debt ratio for 2014? (Round to four decimal places) What is the debt ratio for 2013 (Round to four decimal places.) What is the times interest eamed ratio for 2014 (Round to four decimal places) What is the times interest earned ratio for 2013? (Round to four decimal places) What is the cash coverage ratio for 2014? (Round to four decimal places) What is the cash coverage ratio for 2013 (Round to four decimal places) Should www of the ration of the change in a rowwrant concern for the managers of Tyler Toys of the holders? (Select the best response) or Lodules O A The debt ratio in very high and would want concern it the cash coverage ratio of the times interesteamed tatio was low, but with high rate this means they are handling their lige debt well OB. The dotato is very low and would warrant concem it the cash coverage ratio or the times interest samedi waligh but with low is the means they handling the large debt well OC. The debt ratio very high and would warrant concem if the cash coverage ratio of the time interesteamed it was high but with low ratios this means they are handing their large debt will OD. The debt ratio is very low and would warrant concern it the cash coverage ratio of the timestamed as low but with high to this means they handling the largo debt well Tools Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,583 $ 13,566,503 Cost of goods sold $ -8,448,483 $ -8,112,262 Selling, general, and administrative expenses $ -998,577 $ -980,233 Depreciation $ -1.498,882|$ -1.471.771 EBIT $ 3,200,641 $ 2,982,237 Interest expense -375,225$ -354, 704 Taxes $ -1,073,658$ -998,463 Net income $ 1,751,758$ 1,629,070 $ $ GA Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Cash 191,223 $ 181.245$ 1,455,417 Investments $ Current liabilities 186,905 Accounts payable 121,758 Short-term debt 630,544 Total current liabilities 563,645 Long-term liabilities 1,502,852 Debt 332.208 SI 1.546,412 $ $ 311 2196 $ 1,857,631 $ Accounts receivable $ 668,235 $ 1,787,625 $ 587,502 Inventory Total current assets $ 1,628,205 $ s 7.285,601 S 6.603,070 Long-term assets Other liabilities $ 1 463 987 $ 1 346,568 Investments $ 3,054,0315 $ 10,607,219 9,737,263 2,827 867 Total liabilities 8,480,690 OWNERS' EQUITY Plant, property, and equipments 8,497.652 $ $ $ $ Total current assets 1,628,205 $ 1,502,852 Debt 7,285,60113 6,603,070 Long-term assets Othor liabilities $ 1,463,987 $ 1,346,568 Investments 3,054031 $ 2,827,867 Total liabilities $ 10,607,219 $ 9,737,263 Plant, property, and equipments 8.497.6525 8.480,690 OWNERS' EQUITY Goodwill $ H 347,561 $ 347,687 Common stock 1.458,5175 1,454,500 Intangible assets 1.158,489 $ 957,854 Retained eamings $ 2,620,202 $ 2.925, 187 Total owners' equity s 4,078,719 $ 4,379,687 TOTAL LIABILITIES TOTAL ASSETS 14,685,938 14,116,950 AND OWNERS' EQUITY $ 14,685,938 S 14, 116,950 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 $