According to one report, Kraft Foods Inc. sells enough Kool-Aid mix to make 4,500 litres of the drink every minute during the summer and over 2.5 billion litres each year. Assume at December 31, 2017, the company reported no short-term investments but did report the following amounts (in millions) in its financial statements: 2017 2016 $22.960 $12, 100 Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income 270270 300245 1,050970 Required: 1. Compute the debt-to-assets ratio and times interest earned ratio for 2017 and 2016. (Round your answers to 2 decimal places.) 2017 2016 Debt-to-assets ratio Times interest earned ratio