upic 1 TUMEWUIR Score: 0 of 1 pt P14-12 (similar to) 3 or 1 (0 corripleto) Save HW Score: 0% 0 of it pts Question p o the protein return on assets and money for 2013 Financial ratos Pro y . The financ ements for Tyler for Inc a ratio warrant concerns for the managers of Tyers or the sha des What is the primaranto 2014 Round to be decades) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 T 2013 Revenue $ 14,147,306 S 13,567,321 Cost of goods sold $ -8,447,243 $ -8,131,922 Selling, general, and administrative expenses $ 997,823 $ -980,291 Depreciation $ 1,497791 -1,472,538 EBIT $ 3,204,449 $ 2,982,570 Interest expense -376,427 $ -354,283 Taxes $ 1,074,648 $ 998,749 Net income S 1,753,374 $ 1,629,538 ASSETS 2014 2013 $ 1,545,298 $ 311,266 S 1,856,564 $ 1,456,090 333,492 1,789,582 S Current assets Cash Investments Accounts receivable Inventory Total current assets Long-term assets Investments $ Plant, property, and equipment S Goodwill Intangible assets $ Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 190,643 $ 186,124 Accounts payable 180 845 $ 120 688 Short-term debt 667,061 $ 631 362 Total current liabilities 587,485 $ 563 708 Long-term liabilities 1,626,034 S 1,501,882 Debt Other liabilities 3,053,572 $ 2,828,813 Total liabilities 8,496,875 S 8.480,103 OWNERS' EQUITY 347,990 s 346,962 Common stock 1,159,000 S 957,396 Retained earnings Total owners' equity TOTAL LIABILITIES 14,683,471 S 14,115,156 AND OWNERS' EQUITY 7,285,462 $ 1,462,942 $ 10,604,968 S 6,603,656 1,345, 725 9,738,963 1,457,378 $ 2,621,125 S 4,078,503 S 1,454 415 2,921,778 4,376,193 TOTAL ASSETS s 14,683,471 s 14,115,156