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AA 11-3 Extended Analysis LO A1 Comparative figures for Samsung, Apple, and Google follow. In million Net Income Indom taxes Interest expense Samsung Current Year
AA 11-3 Extended Analysis LO A1 Comparative figures for Samsung, Apple, and Google follow. In million Net Income Indom taxes Interest expense Samsung Current Year Prior Year 18,653 $ 38,049 7,459 14,428 572 567 Apple Current Year Prior Year $ 55, 256 $ 59,531 10,481 13,372 3,576 3,240 Google Current Year Prior YE . $ 34,343 $ 30,736 5,282 4,177 100 114 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 (0) Apple and (b) Google? Complete this question by entering your answers in the tabs below. Required i Required 2 Required 3 Compute the times interest eamed ratio for the most recent two years for Samsung using the data shown. (Round your answers to decimal place.) Current Year Prior Year Times interesteamed ratio Red Required 2 >
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