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I need return on asset and return on equity for both years Calculate the profit margin, return on assets, and return on equity for 2013

I need return on asset and return on equity for both years image text in transcribedimage text in transcribedimage text in transcribed

Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window: 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 $ 14,146,302 $ 13,567,947 $ -8,448,504 $ -8,132,918 Cost of goods sold Selling, general, and administrative expenses Depreciation $ -998,270 $ -981,418 $ -1,498,093/$ -1,471,620 |EBIT $ 3,201,435/$ 2,981,991 Interest expense $ -375,312 $ -355,596 Taxes $ -1,073,927|$ -998,030 . Net income $ 1,752,196 $ 1,628,365 Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Current liabilities Cash 191,471 $ 186,661 Accounts payable $ 1,545,201$ 1,456,197 Investments 181,075 $ 121,916 Short-term debt $ 311,829 $ 332,641 $ $ $ $ Accounts receivable 667,365 $ 630,951 Total current liabilities $ 1,857,030 $ 1,788,838 Inventory 587,189 $ 563,043 Long-term liabilities Total current assets $ 1,627,100 $ 1,502,571 Debt $ 7,286,723 $ 6,604,416 1,346,508 Long-term assets Other liabilities $ 1,463,559 $ Investments $ 3,053,821 $ 2,828,293 Total liabilities $ 10,607,312 $ 9,739,762 Plant, property, and equipment $ 8,480,545 OWNERS' EQUITY 8,497,286 $ 347,126 $ Goodwill $ 347,061 Common stock $ 1,458,005 $ 1,453,514 Intangible assets $ 1,157,452 $ $ 2,617,468|$ 2,921,907 $ 4,075,473 $ 4,375,421 956,713 Retained earnings Total owners' equity TOTAL LIABILITIES 14,115,183 AND OWNERS' EQUITY TOTAL ASSETS $ 14,682,785 $ $ 14,682,785 $ 14,115,183

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