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Score: 0 of 1 pt 6 of 9 (2 complete HW Score: 22.22%, 2 of 9 pts Question Help P14-12 (similar to) Financial ratios: Profitability. The financial statements for Tyler Toys, Inc. are shown in the popup window: Calculate the profit margin, retum on assets, and return on equity 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 profit margin for 2014? 1% (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer 6 parts GOVA ChackAnswer remaining $ Tyler Toys, Inc. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,147,1235 13,566,254 Cost of goods sold -8,448.955$ -8,131,793 Selling, general, and administrative expenses -998,7755 -981,006 Depreciation -1.497,333$ -1,471,559 EBIT 3,202,060 $ 2,981,896 Interest expense -376,198 S -355,456 Taxes $ -1,073,828 $ -998,047 Net income $ 1,752,034 $ 1,628,393 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 $ $ $ Data Table ASSETS 2014 2013 Current assets Cash $ $ 1,545,624 S 1,455,270 333,904 Investments $ S Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES Current liabilities 190,731 $ 186,828 Accounts payable 180,878$ 120,335 Short-term debt 667,165 $ 630,065 Total current liabilities 588,478 $ 563,861 Long-term liabilities 1,627,252 $ 1,501,090 Debt Other liabilities 3,053,282 $ 2.827048 Total liabilities 8.498,3225 8,480 329 OWNERS' EQUITY 312,452 $ 1,858,076 $ Accounts receivable $ $ 1,789,174 $ Inventory Total current assets $ $ 7,286,659 $ 6,604,450 Long-term assets $ 1,462,734 $ 10,607,479 $ 1,345,786 9,739,410 Investments $ 5 Plant, property, and equipment Data Table TU WOUWER WWW Inventory $ 588,478 $ 563,861 Long-term liabilities Total current assets $ 1,627,252 $ 1,501,090 Debt $ 7,286,669 $ 6,604,450 Long-term assets Other liabilities $ 1,462,734 $ 1,345,786 Investments $ 3,053.282 $ 2.827,048 Total liabilities $ 10,607,479 $ 9,739,410 Plant, property, and equipment $ 8,496,322 $ 8,480,329 OWNERS' EQUITY Goodwill $ 348,004 $ 346,602 Common stock $ 1,457,835$ 1,454,368 Intangible assets S 1.158.667 $ 956,032 Retained earnings $ 2,618,2135 2,917,323 Total owners' equity $ 4,076,048$ 4,371,691 TOTAL LIABILITIES TOTAL ASSETS $ 14,683,527 $ 14,111,101 AND OWNERS' EQUITY S 14,683,527$ 14,111,101 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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