At May 31, 2019, FOR Deliveries reported the following amounts (in millions) in its financial statements:

20192018Total Assets$ 70,000$ 68,000Total Liabilities46,20042,160Interest Expense736750Income Tax Expense155260Net Income7806,275

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 FORs assets?

2-b. In 2019, was FOR more (or less) successful at covering its interest costs, as compared to 2018?