Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window E Cakculate 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? %3D Data Table Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 $ 14.147.578 s 13.566 351 8,448, 153 S Revenue 8,132.314 Cost of goods sold Seling general, and administrative expenses 9982125 980.438 Depreciation -1.498,589 S -1,471.899 EBIT 3.202.624 S 375.624S 2.981.700 nterest expense -354647 Taxes 1.074260 S 998 280 Net income 1,752.740S 1,628,773
Financial ratios: Financial leverage. The financial statements for Tyler Toys, Inc. are shown in the popup window E Cakculate 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? %3D Data Table Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 $ 14.147.578 s 13.566 351 8,448, 153 S Revenue 8,132.314 Cost of goods sold Seling general, and administrative expenses 9982125 980.438 Depreciation -1.498,589 S -1,471.899 EBIT 3.202.624 S 375.624S 2.981.700 nterest expense -354647 Taxes 1.074260 S 998 280 Net income 1,752.740S 1,628,773
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please do not reject..question is complete. Please answer all parts. Round to four decimal places. Total assets and liabilities $14,683,433 , $14,113,563 for 2014 and 2013 . Thx
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