Question: Definition of & https/ No resultsOptionsv Saved ercises (Static) At May 31, 2016, FedEx Corporation reported the following amounts (in millions) in its financial statements

Definition of & https/ No resultsOptionsv Saved ercises (Static) At May 31, 2016, FedEx Corporation reported the following amounts (in millions) in its financial statements 2016 2 2015 Total Assets Total Liabilities Interest Expense Income Tax Expense Net Income $46,000 $36,5e0 32,280 21,580 240 580 1,820 1,e5e 340 920 Required: 1. Compute the debt-to-assets ratio and times interest earned ratio for 2016 and 2015. (Round your answers to 2 decin 2016 2015 Times Interest Earned Ratio 2-a. Creditors were providing a greater (or lesser) proportion of financing for FedEx's assets? . Greater Prev Next> PNOVO

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