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At May 31, 2019, FOR Dellveries reported the following amounts (in millions) in its financial statements: Required: 1. Compute the debt-to-assets ratio and times interest
At May 31, 2019, FOR Dellveries reported the following amounts (in millions) in its financial statements: Required: 1. Compute the debt-to-assets ratio and times interest eamed 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 compored to 2018? Complete this question by entering your answers in the tabs below. Compute the debt-to-assets ratio and times interest earned ratio for 2019 and 2018 . (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. n 2019, were creditors providing a greater (or lesser) proportion of financing for FOR's assets Complete this question by entering your answers in the tabs below. In 2019, was FOR more (or less) sua covering its interest costs, as compared to 2018
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