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 the change in Samsung’s times interest earned ratio favorable or unfavorable?
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?

Transcribed Image Text:

Samsung Apple Google Current Prior Current Prior Current Prior In millions Year Year Year Year Year Year Net Income $18,653 $38,049 $55,256 $59,531 $34,343 $30,736 Income taxes. 7,459 14,428 10,481 13,372 5,282 4,177 Interest expense . 577 567 3,576 3,240 100 114