AA $9-2$ Comparative Analysis LO A$1$

Key figures for Apple and Google follow.

$\backslash$table$[[,$Apple,Google$],[$$ millions,Current,One Year,Two Years,Current,One Year,Two Years,$],[$Net income,Year,Prior,Prior,Year,Prior,Prior,$],[$Income taxes,$$55,256,$$$59,531,$$$48,351,$$$34,343,$$$30,736,$$$12,662,],[$Interest expense,$10,481,13,372,15,738,5,282,4,177,14,531,],[,3,576,3,240,2,323,100,114,109,]]$

Required:

Compute times interest earned for the three years' data shown for each company.

In the current year, and using times interest earned, which company appears better able to pay interest obligations?

In the current year, and using times interest earned, is the company in a good or bad position to pay interest obligations for $($a$)$ Apple, and $($b$)$ Google? Assume an industry average of $10.$

Complete this question by entering your answers in the tabs below.

Required $1$

Compute times interest earned for the three years' data shown for each company.

Note: Round your answers to $1$ decimal place.

$\backslash$table$[[,\backslash$table$[[$Current$],[$Year$]],\backslash$table$[[$One Year$],[$Prior$]],\backslash$table$[[$Two Years$],[$Prior$]]],[$Apple$-$Times interest earned,,,$],[$Google$-$Times interest earned,,,$]]$