Samsung, Apple, and Google are all competitors in the global marketplace. Comparative figures for Samsung (www.Samsung.com), along with selected figures from Apple and Google, follow.

Required
1. Compute the times interest earned ratio for the most recent two years for Samsung using the data shown.
2. Which company of the three presented provides the best coverage of interest expense? Explain.

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Samsung (W millions) Current Year Google Current Prior Year Year Apple Current Prior Year Prior Year Key Figures Year Net income Income taxes Interest expense Times interest earned W23,845,285 W13,759,043 6,069,732 7,934,450 3,432,875 7,893,421 35.21 213.52 56.76 19.75