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

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

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Calculate the inventory turnover, days' sales in inventory, receivables turnover, days' sales in receivables, and total asset turnover 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 inventory turnover ratio for 2014?

There are 11 parts to this question if you could provide all 11 calculations and answers it would be appreciated. Please contact me ASAP if any more information is needed.

Data table Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $14,147,002 $13,507,378 Cost of goods sold $-8.448.401 S-8,132,652 Selling, general, and . administrative expenses $ 997,3721 S 981,555 Depreciation 5-1,497.5671S-1,471,141 |EBIT $ 3,203,662 $ 2,982,030 Interest expense $ -375,088 S -355,168 $-1,074,868 S 996,206 Net income $ 1,753,716 S 1,628,654 Right click on the table and select Copy to Cupboard and then right-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 JASSETS 2014 2013 LIABILITIES 2014 2013 Current assets Current liabilities Cash $ 191,710 $ 187,220 Accounts payable $ 1,546,151 $ 1,455,512 Jinvestments $ 181,659 $ 120,471 Short-term debt $ 311,021 $ 332,701 Total current Accounts receivable $ 668,013 $630,770 liabilities $ 1,857,182 $ 1,788,213 Inventory $ 588,277 $ 563,886 Long-term liabilities Total current assets 1,629,559 $ 1,502,347 Debt $ 7285,218 $ 6,504,698 Long-term assets Other liabilities $ 1,462,312 $ 1,346,727 Investments $ 3,054,144$ 2,827,239 Total liabilities $10,605,712 $ 9,738,638 Plant, property, and equipment $ 8,497.779 $ 8,481,219 OWNERS' EQUITY Goodwil $ 348,712 $ 346,980 Common stock $ 1,458,031$ 1,454,758 Intangible assets $ 1,158,047 956,639 Retained earnings $ $ 2.624,499 $ 2,921,228 Total owners' equity $ 4,082,529 $ 4,375,986 TOTAL LIABILITIES AND OWNERS TOTAL ASSETS $14,688,241 $14,114,624 EQUITY $14,688,241 $14,114,624 Right click on the table and select Copy to clipboard and the right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet. Print Done p. Clear all Che

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