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: Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income 2017 2016 $12,900 $11,840 9,933 8,880 180 180 230 225 1,120 900 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 2-a. Using the answers of requirement 1 determine whether, in 2017, creditors were providing a greater (or lesser) proportion of financing for Kraft's assets? Lesser Greater 2-b. Using the answers of requirement 1 determine whether in 2017, Kraft was more or less) successful at covering its interest costs, as compared to 2016? More O Less