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thanks! What is the profit margin for 2014? % (Round to two decimal places.) What is the profit margin for 2013? % (Round to two
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What is the profit margin for 2014? % (Round to two decimal places.) What is the profit margin for 2013? % (Round to two decimal places.) . What is the return on assets for 2014? % (Round to two decimal places.) What is the return on assets for 2013? % (Round to two decimal places.) What is the return on equity for 2014? % (Round to two decimal places.) What is the return on equity for 2013? % (Round to two decimal places.) ) Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? (Select A. These ratios indicate a somewhat strong firm performance for the equity holders with an ROE of over 42.97% for 2013 B. These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over 42.97% for 2013 OC. These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over 42.97% for 2014 OD. These ratios indicate a somewhat strong firm performance for the equity holders with an ROE of over 42.97% for 2014 Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,603 $ 13,566,140 -8,131,858 $ -8,448,685 $ Cost of goods sold Selling, general, and administrative expenses Depreciation $ -997,960 $ -981,166 -1,471,389 $ -1,497,772 $ EBIT $ 2,981,727 3,202,186 $ -375,813 $ Interest expense $ -355,341 Taxes $ -1,074,022 $ -998,027 Net income $ 1,752,351 $ 1,628,359 ASSETS 2014 2013 Current assets Cash $ S $ 1,545,678 $ 311,634 $ 1,857,312 $ 1,456,121 332,016 1,788,137 $ $ Investments Accounts receivable Inventory Total current assets Long-term assets Investments Plant, property, and equipment $ Goodwill $ Intangible assets $ Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 191,063 $ 186,130 Accounts payable 181,930 $ 121,983 Short-term debt 667,639 $ 631,603 Total current liabilities 588,334 $ 563,640 Long-term liabilities 1,628,966 $ 1,503,356 Debt Other liabilities 3,053,756 $ 2,827,671 Total liabilities 8,497 249 $ 8,481,889 OWNERS' EQUITY 347,043 $ 347,683 Common stock 1,157,412$ 956,532 Retained earnings Total owners' equity TOTAL LIABILITIES 14,684,426 $ 14,117,131 AND OWNERS' EQUITY $ 7,286,498 $ 1,462,547 $ 10,606,357 $ 6,604,168 1,346.927 9,739,232 $ $ 1,457,649 $ 2,620,420 $ 4,078,069 $ 1,454,410 2,923,489 4,377,899 $ TOTAL ASSETS $ $ 14,684,426 $ 14,117,131 Step by Step Solution
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