Question: At May 3 1 , 2 0 2 2 , FedEx Corporation reported the following amounts ( in millions ) in its financial statements: Required:

At May 31,2022, FedEx Corporation reported the following amounts (in millions) in its financial statements:
Required:
1. Compute the debt-to-assets ratio and times interest earned ratio for 2022 and 2021.
2-a. In 2022, were creditors providing a higher (or lower) proportion of financing for FedEx's assets?
2-b. In 2022, was FedEx more (or less) successful at covering its interest costs, as compared to 2021?
Complete this question by entering your answers in the tabs below.
Req 1
Req 2A
Compute the debt-to-assets ratio and times interest earned ratio for 2022 and 2021.
Note: Round your answers to 3 decimal places.
At May 3 1 , 2 0 2 2 , FedEx Corporation reported

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