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Use the table below and Apple's financial statements in Appendix A to answer the following. 1. Compute times interest earned for each of the three

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Use the table below and Apple's financial statements in Appendix A to answer the following. 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. Compute times interest earned for each of the three years shown. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Is Apple in a good or bad position to pay interest obligations? Assume an industry average of 10 . Sec accompanying Netes to Consolidated Financial Statements

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