Code and text for Quiz 3.
Load the packages we need.
Read the data into R.
corp_tax <- read_excel(here('corp_tax.xlsx'))
Let’s look at Masco in the corp_tax tibble.
# A tibble: 1 × 5
company profit tax tax_rate industry
<chr> <dbl> <dbl> <dbl> <chr>
1 Masco 789. 127. 0.161 Metals & metal products
Masco is in the Metals & metal products industry. It had profit of $788.60535 million and tax of $126.76535 million. Its tax rate was 16.1%.
Let’s find the company in the Chemicals industry with the highest profit.
# A tibble: 1 × 5
company profit tax tax_rate industry
<chr> <dbl> <dbl> <dbl> <chr>
1 Sherwin-Williams 1307. 289. 0.221 Chemicals
Sherwin-Williams is the company in Chemicals industry with the highest profit. It had profits of $1307.278 million and tax of $288.755 million. Its tax rate was 22.1%.