Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue Is 14,147,970| $ 13,567,824 -8,447,473 $ -998,625 $ Cost of goods sold -8,131,606 Selling, general, and administrative expenses Depreciation IS -980,691 Is -1,497,156$ -1,472,152 EBIT IS 3,204,716 S 2,983,376 Interest expense IS -376,514 $ -354,185 Taxes -1,074,717$ -999,093 Net income 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. 1,753,485 S 1,630,098 Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 LIABILITIES Current liabilities ASSETS 2014 2013 2014 2013 Current assets Cash Is 191,882 S 186,101 Accounts payable 1,545,922 S 1,456,223 Investments Is 181,451$ 121,269 Short-term debt 311,568 S 332,216 Accounts receivable Is 668,559$ 630,202 Total current liabilities 1,857,490 s 1,788,439 Inventory Total current assets 587,870 S 563.221 Long-term liabilities 1,500,793 Debt IS 1,629,762 s 7,285, 103 s 6,603,125 Other liabilities 1,462,544 S 1,345,749 Long-term assets Investments Is 3,053,539$ 2,827 259 Total liabilities 10,605,137 S 9,737,313 Plant, property, and equipment s 8,497,320 $ 8,481,638 OWNERS' EQUITY Goodwill IS 347,987 $ 1,453,818 346,572 Common stock 956,986 Retained earnings 1,457,274 S Intangible assets IS 1,158,533 $ 2,624,730 s 2,922,117 Total owners' equity I$ 4,082,004 S 4,375,935 TOTAL LIABILITIES 14,687,141 $ 14,113,248 AND OWNERS' EQUITY TOTAL ASSETS IS 14,687,141 S 14,113,248 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. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue Is 14,147,970| $ 13,567,824 -8,447,473 $ -998,625 $ Cost of goods sold -8,131,606 Selling, general, and administrative expenses Depreciation IS -980,691 Is -1,497,156$ -1,472,152 EBIT IS 3,204,716 S 2,983,376 Interest expense IS -376,514 $ -354,185 Taxes -1,074,717$ -999,093 Net income 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. 1,753,485 S 1,630,098 Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 LIABILITIES Current liabilities ASSETS 2014 2013 2014 2013 Current assets Cash Is 191,882 S 186,101 Accounts payable 1,545,922 S 1,456,223 Investments Is 181,451$ 121,269 Short-term debt 311,568 S 332,216 Accounts receivable Is 668,559$ 630,202 Total current liabilities 1,857,490 s 1,788,439 Inventory Total current assets 587,870 S 563.221 Long-term liabilities 1,500,793 Debt IS 1,629,762 s 7,285, 103 s 6,603,125 Other liabilities 1,462,544 S 1,345,749 Long-term assets Investments Is 3,053,539$ 2,827 259 Total liabilities 10,605,137 S 9,737,313 Plant, property, and equipment s 8,497,320 $ 8,481,638 OWNERS' EQUITY Goodwill IS 347,987 $ 1,453,818 346,572 Common stock 956,986 Retained earnings 1,457,274 S Intangible assets IS 1,158,533 $ 2,624,730 s 2,922,117 Total owners' equity I$ 4,082,004 S 4,375,935 TOTAL LIABILITIES 14,687,141 $ 14,113,248 AND OWNERS' EQUITY TOTAL ASSETS IS 14,687,141 S 14,113,248 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.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question 2:
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.)
Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the shareholders? (Select the best response.)
These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over
42.96%
for 2013.These ratios indicate a somewhat weak firm performance for the equity holders with an ROE of over
42.96%
for 2014.These ratios indicate a somewhat strong firm performance for the equity holders with an ROE of over
42.96%
for 2014.These ratios indicate a somewhat strong firm performance for the equity holders with an ROE of over
42.96%
for 2013.Expert Solution
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