P14-10 (similar to) Question Help Y O Data Table br 2013 and 2014 for Tyler Toys. Should Financial ratios: Financial leverage. Th any of these ratios or the change in a ratio What is the debt ratio for 2014? (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue S 14,146,677 $ 13,566,366 Cost of goods sold S S -8,447,324 $ -8,131,391 Selling, general, and administrative expenses S -998,560 $ -980,851 Depreciation S -1,497,402 $ -1,471,854 EBIT S 3.203.391 $ 2,982,270 Interest expense IS S -375,952 $ -355,563 Taxes S - 1,074,427 $ -998,149 Net Income S 1,753,012 $ 1,628,558 Right click on the lable and select Copy to Clipboard and then righl-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheer. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Current liabilities 100 AAALI. Enter your answer in the answer box and ? Print Done 6 parts 6 remaining Check Answer Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: 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 concem for the managers of Tyler Toys or the shareholders? What is the debt ratio for 2014? (Round to four decimal places.) Enter your answer in the answer box and then click Check Answer. ? 6 parts remaining Clear All Check Answer P14-10 (similar to) Question Help Y O Data Table br 2013 and 2014 for Tyler Toys. Should Financial ratios: Financial leverage. Th any of these ratios or the change in a ratio What is the debt ratio for 2014? (Round to four decimal places.) Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue S 14,146,677 $ 13,566,366 Cost of goods sold S S -8,447,324 $ -8,131,391 Selling, general, and administrative expenses S -998,560 $ -980,851 Depreciation S -1,497,402 $ -1,471,854 EBIT S 3.203.391 $ 2,982,270 Interest expense IS S -375,952 $ -355,563 Taxes S - 1,074,427 $ -998,149 Net Income S 1,753,012 $ 1,628,558 Right click on the lable and select Copy to Clipboard and then righl-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheer. Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Current liabilities 100 AAALI. Enter your answer in the answer box and ? Print Done 6 parts 6 remaining Check Answer Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window: 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 concem for the managers of Tyler Toys or the shareholders? What is the debt ratio for 2014? (Round to four decimal places.) Enter your answer in the answer box and then click Check Answer. ? 6 parts remaining Clear All Check