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

	2019	2018
Total Assets	$ 69,000	$ 67,000
Total Liabilities	44,850	40,870
Interest Expense	734	740
Income Tax Expense	155	260
Net Income	770	6,181

Required:

1. 1. Compute the debt-to-assets ratio and times interest earned ratio for 2019 and 2018.

2. 2-a. In 2019, were creditors providing a greater (or lesser) proportion of financing for Timberwolfs assets?

3. 2-b. In 2019, was Timberwolf more (or less) successful at covering its interest costs, as compared to 2018?