Western Gas & Electric Co. is considering a project that will require $550,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 30%. What will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $150,000? 19.1% 13.4% 12.4% 16.2% Determine what the project's ROE will be if its EBIT is -$60,000. When calculating the tax effects, assume that Western Gas & Electric Co. as a whole will have a large, positive income this year. -6.8% -7.6% -8.4% -6.5% Western Gas & Electric Co. is also considering financing the project with 50% equity and 50% debt. The interest rate on the company's debt will be 12%. What will be the project's ROE if it produces an EBIT of $150,000? 29.8% 34.3% 22.4% 23.8% What will be the project's ROE if it produces an EBIT of -$60,000 and it finances 50% of the project with equity and 50% with debt? When calculating the tax effects, assume that Western Gas & Electric Co. as a whole will have a large, positive income this year. -24.9% -22.5% -28.4% -23.7%