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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

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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 earned 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.)

P14-10 (similar to) Question Help Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: B. Calculate the debt ratio, times interest earned ratio, and cash coverage ratio 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 debt ratio for 2014? (Round to four decimal places.) Data Table - Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,147,257 $ 13,567,954 Cost of goods sold $ -8,447,376 $ -8,132,975 Selling, general, and administrative expenses $ -998,772 $ -981,795 Depreciation $ - 1,497,119 $ -1,472,963 | EBIT $ 3,203,990 $ 2.980,221 Interest expense $ -375,725 $ -354,405 Taxes $ -1,074,741 $ -997,810 Net income $ 1,753,524 $ 1,628,006) 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. ASSETS Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 191,4891 s 186,206 Accounts payable ? 2014 2013 Current assets 6 parts remaining Check Answer Cash $ $ 1,545,406 S 1,456,650 P14-10 (similar to) Question Help Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: B. Calculate the debt ratio, times interest earned ratio, and cash coverage ratio 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 debt ratio for 2014? (Round to four decimal places.) x Data Table - $ Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash $ 191,489 $ 186,206 Accounts payable $ 1,545,406 S 1,456,650 Investments 181,995 $ 121,990 Short-term debt $ 312,387 $ 333,063 Accounts receivable $ 667,879 $ 630,097 Total current liabilities $ 1,857,793 $ 1,789,713 Inventory $ 587,950 $ 564,453 Long-term liabilities Total current assets $ 1,629,313 $ 1,502,746 Debt $ 7,285,256 $ 6,604,113 Long-term assets Other liabilities $ 1,462,780 $ 1,346,143 Investments $ 3,053,081 $ 2,827,748 Total liabilities $ 10,605,829 $ 9,739,969 Plant, property, and equipment S 8,497,3271 S 8,481,403 OWNERS' EQUITY Goodwill $ 348,731 S 347,594 Common stock $ 1,458,202 S 1,453,047 Intangible assets $ 1,157,263 $ 957,544 Retained earnings $ 2,621,684 $ 2,924,019 Total owners' equity $ 4,079,886 $ 4,377,066 TOTAL LIABILITIES TOTAL ASSETS $ 14,685,715 $ 14,117,035 AND OWNERS' EQUITY $ 14,685,715 $ 14,117,035 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. ? parts 6 remaining Check

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