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Use the table below and the financial statements of Apple in Appendix A to answer the following. $ millions Interest expense 2016 2015 $1,456 $ 733 2014 $384 Required: 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. 3. Identify Apple's total accrued expenses in 2016. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute times interest earned for each of the three years shown. (Round your answer to 2 decimal places.) 2016 2015 2014 Times interest eamed ratio Required 1 Required 2 > Use the table below and the financial statements of Apple in Appendix A to answer the following. $ millions Interest expense 2016 2015 $1,456 $ 733 2014 $384 Required: 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. 3. Identify Apple's total accrued expenses in 2016. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute times interest earned for each of the three years shown. (Round your answer to 2 decimal places.) 2016 2015 2014 Times interest eamed ratio Required 1 Required 2 >

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