Fast Shipping provides a broad range of transportation, e-commerce and business services. The following data were taken from the companys 2019 annual report. All dollar amounts are in millions.

Account Title	Fiscal Years Ending
December 31, 2019	December 31, 2018
Current assets	$13,156	$13,725
Total assets	54,007	52,111
Current liabilities	9,419	9,690
Total liabilities	36,307	32,535
Interest expense	525	538
Income tax expense (benefit)	155	(245)
Net income	543	4,509

Required

a. Calculate the EBIT for each year.

b. Calculate the times-interest-earned ratio for each year.

c. Calculate the current ratio and debt-to-assets ratio for each year.