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Financial ratios: Liquidity.The financial statements for Tyler Toys, Inc. are shown in the popup window:

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Calculate the current ratio, quick ratio, and cash ratio for Tyler Toys for 2013 and 2014. Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders?

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Financlairatos: Liquidity. The inancial statements for Tyler Toys, Inc. are shown in the popup window: Calc.iste the current rato, quick ratio, and cash ratio for Tyler Toys for 2013 and 2014. Shook any of these ratios or the charge haratio warrant concem for the managers of Tyler Toys or the shareholders? Data table What the current rado for 20:47 Round to four decimal ccs. Tyler Toys, Inc. Income talent for Year Ending December 31, 2013 and 2014 2014 2015 RO. 514,146,339 513,566, Ladybk $1,44773 $2,132224 seling general and | $ -6419 S-41144 ( Deprecation 5-1497,036 5-1.471,743 | EBIT 5 3.202 912 5 2.901.30 in ponse $ 37,620 5 365,000 | I INI $-1073 -08 014 Nat inom $ 1,752.20 $1,626,338 Algkok table and tact Copy to Cound and thank the nyhines in beendet Day in cherish www.top Tyler Toys, Inc. Halance sheet of 3 und 2014 December 31, ASSETS 2014 2013 UABILITIES 2014 2013 Current Current liabilities C S18122 1861 Anale $ 1,515218 $ 1.155,32 S 100.000 1201 307 Short om det $ 211.605 5 333,328 Total current Acours receivabe $ 66,024 $ 1.709 abilities Is AZI S 1,856 A23 $ 1.709,310 Intory 5 687,004 4041 Long-term liabilities Total current assets 5 1,628,650 5 1,642,708 Bob 5 6 Pebt $ 7,286 813 3 6.404,078 Long-term assets bly in | HL4 | H $ 1,462,778 $ 1.341, smonts 5 5 2,064,214 2,620.707 Total liabilities $10,805,414 $ 9,740,203 Perpustand gument $ 2,495,223 5 8,480,375 OWNERS' EQUITY Cascati $ 347,5 547,519 mm $ 1,457 450 $ 1454,82 $ $ $ 1,157,728 GER 222 Retained waming 2.621.052 $ 2.821,32 $ Total owners' equity 1$ 4,070 ABZ $ 4JT5,20 TOTAL LADIUITIES AND OWNERS TOTAL ASSETS $14.084,286 14.116.101 EQUITY 14,684.286 314,116,191 Ryabon mo rok sidecker Corto Cibbond with all the higheroxism mo poowo drogue box widacker DCo/ i order to stes contents on a who wants s Print) Dara Help me wolve thia View an emplo Cel mere hup Clear all Chook answer Oy Data table Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,339 13,566,826 Cost of goods sold $ -8.447,973 $ 8,132,224 Selling general, and administrative expenses $ -998,4191$ -981,498 Depreciation $ -1,497,0351$ -1.471,743 |EBIT $ 3,202,91215 2,981,361 interest expense $ -376,629 $ -355,009 Taxes IS -1,073,988 $ -998,014 Net Income $ 1.752,295 $ 1,628,338 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 ASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash S 191,922 s 186,371 Accounts payable $ 1,545,218 $ 1.455,342 Investments $ 180,8001$ 120,587 Short-term debt IS 311,605) 333,988 Total current Accounts receivables 668,824 $ 631,709 tiabilities $ 1,856,823 S 1,789,330 Long-term Inventory $ 587,0041$ 564,041 liabilities Total current assets $1,628,550 $ 1,502,708 Debt 7.285,813$ 6,604,978 Long-term assets Other fiabilities S 1.462.778 $ 1.345,955 Investments $ 3,054,214 $ 2,828,767 Total liabilities $ 10,605,414$ 9,740,263 Plant, property, and equipment $ 8,496,223 $ 8,480,375 OWNERS' EQUITY Goodwill $ 347,586 $ 347,519 Common stock S 1.457 8305 1,454,626 Intangible assets $ 1,157,723 956,822 Retained earnings $ 2,621,052 $ 2,921,302 Total owners Jequity $ 4,078,882$ 4,375,928 TOTAL LIABILITIES AND OWNERS TOTAL ASSETS $ 14,684,296 $ 14,116,191 EQUITY $ 14,684,296 $ 14,116,191 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

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