Question 23 Loblaw Companies Limited reported the following selected information (in millions): Jan. 3, 2017 Dec. 28, 2016 Total assets $35,106 $34,436 Total liabilities 22,054 21,408 Interest expense 451 459 Income tax expense 443 449 Profit 1,526 990 (a) Calculate Loblaw's debt to total assets and interest coverage ration for each year. (Round answers to 1 decimal place, 0.9. 52.7 or 52.7%.) 2016 Debt to total assets Interest coverage 2017 % times times LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 0 of 15 used