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At May 31, 2019, Bailey-Reed Group reported the following amounts (in millions) in its financial statements: Total Assets Total Liabilities Interest Expense Income Tax Expense

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At May 31, 2019, Bailey-Reed Group reported the following amounts (in millions) in its financial statements: Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income 2019 $ 73,000 51,100 765 165 830 2018 $ 71,000 46,860 800 270 6,725 Required: 1. Compute the debt-to-assets ratio and times interest earned ratio for 2019 and 2018. 2-a. In 2019, were creditors providing a greater (or lesser) proportion of financing for Bailey-Reed's assets? 2-b. In 2019, was Bailey-Reed more or less) successful at covering its interest costs, as compared to 2018? Complete this question by entering your answers in the tabs below. Req1 Reg 21 Reg 28 Compute the debt-to-assets ratio and times interest earned ratio for 2019 and 2018. (Round your answers to 2 decimal places.) 2018 Debt-to-Assets Times Interest Eamed Ratio 2019 (Reg 1 Req 2A >

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