Comparative figures for Samsung, Apple, and Google follow. Required 1. Compute the times interest earned ratio for

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Comparative figures for Samsung, 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. Is Samsung?s times interest earned ratio on a favorable or unfavorable trend?

3. In the current year, is Samsung?s times interest earned ratio better or worse than the same ratio for (a) Apple and (b) Google?

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Financial Accounting Information for Decisions

ISBN: 978-1259917042

9th edition

Authors: John J. Wild

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Question Posted: Nov 13, 2019 04:57 AM

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Comparative figures for Samsung, Apple, and Google follow. Required 1. Compute the times interest earned ratio for

Question:

Samsung Apple Google Prior Year Prior Year Current Year Prior Year Curent Year Current In millions Year $45,687 $16,348 W22,726,092 7,987,560 587,831 W19,050,144 6,900,851 776,511 $53,394 $19,478 19,121 4,672 733 124 Net income.... Incometaxes.. Interest orpanso 15,685 1,456 3303 104

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1 Samsung x Times interest earned KRW in millions Current Year Prior Year Net income 22726092 19060...View the full answer

Financial Accounting Information for Decisions

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