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 . Appendix A Financial Statement infomation Apple Inc. CONSOLIDATED BALANCE SHEETS LIABILITIES AND SHAREHOLDERS' FQUITY scc accompanying Notes 10 Cotwolidaled tanancial adatements Appendix A Financial Statement intomation Appendix A Financlal Statement information Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions, except nurnber of thares which are reflected in thousanis) Appendix A Finandial Statement intomation See axcompanying Notes to Consolidated Financial Statements