Park Company reports interest expense of $500,000 and income before interest expense and income taxes of $6,500,000. (1) Compute its times interest earned. (2) Park's competitor's times interest earned is 7.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute its times interest earned. Times Interest Earned" Choose Numerator: Choose Denominator: Times Interest Earned Times interest earned times Required 2 > Park Company reports interest expense of $500,000 and income before interest expense and income taxes of $6,500,000. (1) Compute its times interest earned. (2) Park's competitor's times interest earned is 7.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Park's competitor's times interest earned is 7.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad?. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad