2. Given below are summary earnings numbers for the three chemical companies for 2016 (in millions): Based on this information, calculate EBITand EBITDA and the percentage change over net income for EBIT [(Net Income -EBIT)/ Net Income] and EBITDA [ (Net Income - EBITTDA)/ Net Income] DuPont PPG DuPont Dow Dow PPG FBI Net Income 2513 4318 877 Income from Continuing Operations EBIT% Change from Net Income 2521 4760 586 Provision for Income Tax Interest Expense 756 95 263 FBITDA EBITDA% Change from Net Income 370 858 125 Depreciation and Amortization 544 462 b. Supplementary information for the current year (in millions) is shown below. Calculate alternative profitability ratios for the three chemical companies. DuPont DuPont Dow PPG Net Income Dow PPG Sales 24594 48158 14751 Return on Sales Average Total Assets 40565 73724,5 16422.5 Return on Total Assets Average Equity Return on Equity 9995.5 25680.5 4904,5 PPG DuPont Dow DuPont Dow EBIT EBITDA PPG Return on Sales Return on Sales Return on Total Assets Return on Total Assets Return on Equity Return on Equity c. Based on the information above, evaluate the usefulness of EBIT and EBITDA as alternative earnings numbers