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Use the table below and Apple's financial statements in Appendix A to answer the following. $ millions 2 0 1 9 2 0 1 8
Use the table below and Apple's financial statements in Appendix A to answer the following.
$ millions
Interest expense $ $ $
Compute times interest earned for each of the three years shown.
Is Apple in a good or bad position to pay interest obligations? Assume an industry average of
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