Nokia research in motion and apple are all competitors in


Question: Nokia, Research In Motion, and Apple are all competitors in the global marketplace. Comparative figures for Nokia (www.Nokia.com), along with selected figures from Research In Motion and Apple, follow.

2232_Nokia.png

Required: 1. Compute the times interest earned ratio for the most recent two years for Nokia using the data shown.

2. Which company of the three presented provides the best coverage of interest expense? Explain.

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