Question: 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.

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.

Samsung (W millions) Apple Google Current Prior Current Prior Current Prior Year Key Figures Year Year Year Year Year Income taxes Interest expense. Times interest earned.. 7,889 7,754,972 515 6,069,732 7,934,450 369.79 558.63 184.16 159.75

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