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ASSIGN CREDIT RATING BASED ON EACH RATIO In its 2018 Form...

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Accounting

ASSIGN CREDIT RATING BASED ON EACH RATIO
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In its 2018 Form 10K, FedEx reported the following information (in $ millions). Calculate the three ratios that Moody's Investors Service uses to assign credit ratings. Notes: - Round all ratios to two decimal places. FCF/Debt ratio is a percentage ratio (ex: 0.12345=12.35%). - Assign a credit rating for each ratio using the drop-down answer options

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