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4. Given below is 2016 income tax-related information for three companies in the chemical industry. Calculate the reported effective tax rate and taxes payable rate

4. Given below is 2016 income tax-related information for three companies in the chemical industry. Calculate the reported effective tax rate and taxes payable rate for these companies. DuPont Dow PPG 3265 4413 9 Pretax Income Income Tax Expense Taxes Payable Reported Effective Tax Rate Taxes Payable Rate 744 643 827 241 86 1268 Analyze these ratios for each company

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