What is the current ratio for 2014? (Round to four decimal places.) What is the current ratio for 2013? (Round to four decimal places.) What is the quick ratio for 2014? (Round to four decimal places.) What is the quick ratio for 2013? (Round to four decimal places.) What is the cash ratio for 2014? What is the cash ratio for 2014? (Round to four decimal places.) What is the cash ratio for 2013? (Round to four 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.) O A. The ratios look reasonable and the change shows improving liquidity for all ratios. OB. The ratios look reasonable and the change shows improving liquidity for all ratios except the cash ratio. C. The ratios do not look reasonable and the managers of Tyler Toys should make the appropriate adjustments. D. The ratios look reasonable and the change shows deteriorating liquidity for all ratios. Income Statement for Years Ending December 31, 2013 and 2014 2014 2013 Revenue $ 14,146,700$ 13,566,400 -8,131,300 $ -8,449,100 $ Cost of goods sold Selling, general, and administrative expenses Depreciation $ -982,160 -999,320$ -1,498,980$ $ -1,473,240 EBIT $ 2,979,700 -356,100 Interest expense 3,199,300 $ -375,000 $ -1,093,300 $ $ Taxes $ -1,041,500 Net income $ 1,731,000 $ 1,582,100 Tyler Toys, Inc. Balance Sheet as of December 31, 2013 and 2014 2014 2013 LIABILITIES ASSETS 2014 2013 Current assets Current liabilities Cash $ 191,000 $ 188,900 Accounts payable $ 1,545,700 $ 1,455, 100 Investments $ 182,300 $ 121,800 Short-term debt $ 311,500 $ 332,600 Accounts receivable $ 669,400 $ $ 1,857,200 $ 1,787,700 Inventory $ 587,500 $ 630,400 Total current liabilities 563,600 Long-term liabilities 1,504,700 Debt Total current assets $ 1,630,200 $ $ 8,658,400 $ 7,934,400 1,345,100 Long-term assets Other liabilities $ 1,462,100 $ Investments $ 3,052,000 $ 2,827,900 Total liabilities $ 11,977,700 $ 11,067,200 4 Accounts receivable $ 669,400$ 630,400 Total current liabilities $ 1,857,200 $ 1,787,700 Inventory $ 587,500 $ 1,630,200 $ 563,600 Long-term liabilities 1,504,700 Debt Total current assets $ $ 8,658,400 $ 7,934,400 Long-term assets Other liabilities $ 1,462,100 $ 1,345,100 Investments $ 5 3,052,000 $ 2,827,900 Total liabilities $ 11,977,700 $ 11,067,200 8,481,500 OWNERS' EQUITY Plant, property, and equipment $ Goodwill $ 8,498,900 $ 349,000 $ 1,159,300 $ 348,700 Common stock $ 1,457,900 $ 1,453,400 Intangible assets $ $ 1,253,800 $ 956,700 Retained earnings Total owners' equity 1,598,900 3,052,300 $ 2,711,700$ TOTAL LIABILITIES TOTAL ASSETS $ 14,689,400 $ 14,119,500 AND OWNERS' EQUITY $ 14,689,400 $ 14,119,500