Chapter 10 - Liabilities Saved 7 At May 31, 2016, FedEx Corporation reported the following amounts (in millions) in its financial statements: 12.5 points Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income 2016 $46,000 32,200 340 920 1,820 2015 $36,500 21,500 240 580 1,050 eBook Required: 1. Compute the debt-to-assets ratio and times interest earned ratio for 2016 and 2015. (Round your answers to 2 decimal places.) Hint 2016 2015 Print Debt-to-Assets Times Interest Earned Ratio References