1) Divisions of Doubleday Computers and Merritt-Douglas Computing make competing products for the commercial IT market worldwide. Use the data for each company to determine a) the effective total tax rate To for each company b) the taxable income (in millions) for each company. M-D Doubleday 2.8 million 900,000 4.7 million 1.4 million Sales, $ Other revenue, $ Expenses, $ Depreciation, $ Total of state and local tax rate, % Average federal tax rate, % 250,000 3.1 million 970,000 850,000 9.2 7.5 21 21