Question: Use the table below and Apple's financial statements in Appendix A to answer the following. $ millions Interest expense 2019 2018 2017 $ 3,576 $

Use the table below and Apple's financial statements in Appendix A to answer the following. $ millions Interest expense 2019 2018 2017 $ 3,576 $ 3,240 $ 2,323 1. Compute times interest earned for each of the three years shown. 2. Is Apple in a good or bad position to pay interest obligations? Assume an industry average of 10. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute times interest earned for each of the three years shown. (Round your answers to 2 decimal places.) Times interest earned ratio 2019 2018 2017 23.50 28.59

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