Question: Determine what the projects ROE will be if its EBIT is $50,000. When calculating the tax effects, assume that Mammoth Pictures Inc. as a whole

Determine what the projects ROE will be if its EBIT is $50,000. When calculating the tax effects, assume that Mammoth Pictures Inc. as a whole will have a large, positive income this year.

a. -9.00%

b. -7.12%

c. -8.62%

D. -7.5%

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