Use the table below and Apple's financial statements in Appendix A to answer the following. $ millions Interest expense 2018 2017 2016 $3,240 $2,323 $1,456 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.) 2018 2017 2016 Times interest earned ratio < Required 1 Required 2 >