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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
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)
Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window: E. Calculate the profit margin, return on assets, and return on equity 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 profit margin for 2014? % (Round to two decimal places.) Data Table Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,147,938 $ 13,567,802 Cost of goods sold $ -8,447,634 $ -8,131,346 Selling, general, and administrative expenses $ -998,909 $ -981,881 Depreciation $ -1,497,057 $ -1,471,264 EBIT $ 3,204,338 $ 2,983,311 Interest expense $ -376,949 $ -354,246 Taxes $ -1,074,408 S -999,045 Net income $ 1,752,981 $ 1,630,020 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. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Enter your answer in the answer box and then click Check Answer. ASSETS 2014 2013 ? Current assets Current liabilities 6 parts remaining Check Answer Cash $ 190,236 $ 187,587 Accounts payable $ 1,545,454 $ 1,455,048 Calculate the profit margin, return on assets, and return on equity for 2013 and 2014 for Tyler Toys. Should any of these ratios or the change in a ratio Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window: warrant concern for the managers of Tyler Toys or the shareholders? What is the profit margin for 2014? % (Round to two decimal places.) 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 $ 190,236 $ 187,587 Accounts payable $ 1,545,454 $ 1,455,048 Investments $ 181,200 $ 120,386 Short-term debt $ 311,180 $ 332,615 Accounts receivable $ 668,489 $ 630,683 Total current liabilities $ 1,856,634 $ 1,787,663 Inventory $ 587,338 $ 564,409 Long-term liabilities Total current assets $ 1,627,263 $ 1,503,065 Debt $ 7,286,639 $ 6,604,214 Long-term assets Other liabilities $ 1,463,861 $ 1,346,008 Investments $ 3,054,356 $ 2,828,065 Total liabilities S 10,607,134 $ 9,737,885 Plant, property, and equipment 8,497,929 $ 8,480,818 OWNERS' EQUITY Goodwill $ 347,362 $ 346,897 Common stock $ 1,458,271 $ 1,453,727 Intangible assets $ 1,157,587 $ 957,732 Retained earnings S 2,619,092 $ 2,924,965 Total owners' equity $ 4,077,363 $ 4,378,692 TOTAL LIABILITIES TOTAL ASSETS $ 14,684,497 $ 14,116,577 AND OWNERS' EQUITY $ 14,684,497 $ 14,116,577 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. 6 parts remaining CheckStep by Step Solution
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