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At May 31, 2019, FOR Dellveries 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, FOR Dellveries reported the following amounts (in millions) in its financial statements: Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income 2019 $ 62, eee 35,960 668 135 660 2018 $ 60,000 32,400 630 240 5,199 Required: 1. Compute the debt-to-assets ratlo and times interest earned ratio for 2019 and 2018, 2-a. In 2019, were creditors providing a greater (or lesser) proportion of financing for FOR's assets? 2-b. In 2019, was FOR more or less) successful at covering its interest costs, as compared to 2018? Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Req 2B Compute the debt-to-assets ratio and times interest earned ratio for 2019 and 2018. (Round your answers to 2 decimal places.) 2019 2018 Debt-to-Assets Times Interest Eamed Ratio At May 31, 2019, FOR Deliveries reported the following amounts (in millions) in its financial statements: Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income 2019 $ 62,000 35,960 668 135 660 2018 $ 60,000 32,400 630 240 5,199 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 FOR's assets? 2-b. In 2019, was FOR more or less) successful at covering its interest costs, as compared to 2018? Complete this question by entering your answers in the tabs below. Reg 1 Real Reg 28 In 2019, were creditors providing a greater (or lesser) proportion of financing for FOR's assets? Greater Lesser At May 31, 2019, FOR Deliveries reported the following amounts (in millions) in its financial statements: Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income 2019 $ 62,000 35,960 668 135 660 2010 $ 60,000 32,400 630 240 5,199 Required: 1. Compute the debt-to-assets ratio and times interest earned ratio for 2019 and 2018 2-0. In 2019, were creditors providing a greater (or lesser) proportion of financing for FOR's assets? 2-b. In 2019, was FOR more (or less) successful at covering its interest costs, as compared to 2018? Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Reg 20 In 2019, was FOR more (or less) successful at covering its interest costs, as compared to 2018? OMore Less

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