Questions to answer

PLEASE ANSWER ALL!

1. What is the inventory turnover ratio for 2014?

2. What is the inventory turnover ratio for 2013?

3. What is the days' sales in inventory ratio for 2014?

4. What is the days' sales in inventory ratio for 2013?

5. What is the receivables turnover ratio for 2014?

6. What is the receivables turnover ratio for 2013?

7. What is the days' sales in receivables ratio for 2014?

8. What is the days' sales in receivables ratio for 2013?

9. What is the total asset turnover ratio for 2014?

10. What is the total asset turnover ratio for 2013?

Financial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window: . Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the inventory turnover ratio for 2014? Data Table (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,147,430 $ 13,567,828 Cost of goods sold $ -8,447,720 $ -8,131,996 Selling, general, and administrative expenses $ -998,437 $ -981,172| Depreciation $ -1,498,795 $ -1,471,394 EBIT $ 3,202,478 $ 2,983,266 Interest expense $ -376,856 $ -354,063 Taxes $ -1,073,736 $ -999,097 Net income $ 1,751,886 $ 1,630,106 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 contents into a spreadsheet. ASSETS Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 191,758 S 186,962 Accounts payable 2014 2013 Enter your answer in the answer box and then click Check Answer. ? Current assets Cash $ S 1,545,502 $ 1,456,1901 10 parts neck Answer Financial ratios: Asset management. The financial statements for Tyler Toys, Inc. are shown in the popup window: : Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? What is the inventory turnover ratio for 2014? Data Table N (Round to four decimal places.) Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash S 191,7581 S 186,962 Accounts payable $ 1,545,502 S 1,456,190 Investments S 181,883 $ 120,295 Short-term debt $ 312,142 $ 332,360 Accounts receivable $ 668,129 $ 631,580 Total current liabilities $ 1,857,644 S 1,788,550 Inventory S 588,928 $ 564,609 Long-term liabilities Total current assets $ 1,630,698 $ 1,503,446 Debt $ 7,286,955 $ 6,604,850 Long-term assets Other liabilities $ 1,463,852 $ 1,346,283 Investments S 3,053,483 $ 2,827,273 Total liabilities S 10,608,451 $ 9,739,683 Plant, property, and equipment S 8,496,528 $ 8,480,107 OWNERS' EQUITY Goodwill $ 348,400 $ 346,826 Common stock $ 1,458,795 $ 1,454,436 Intangible assets S 1,158,021 $ 957,191 Retained earnings $ 2,619,884 $ 2,920,724 Total owners' equity S 4,078,679 $ 4,375,160 TOTAL LIABILITIES TOTAL ASSETS $ 14,687,130 $ 14,114,843 AND OWNERS' EQUITY S 14,687,130 $ 14,114,843 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 contents into a spreadsheet. Enter your answer in the answer box and then click Check Answer. 10 parts remaining neck