4.3 Return on Equity: Midwest packing's ROE last year was only 3%; but its management has developed a new operating plan that calls for a debt to capital ratio of 60%, which will result in annual interest charges of $300,000. The firm's total assets equal total invested capital. Management projects an EBIT of $1,000,000 on sales of $10,000,000 and it expects to have a turnover ratio of 2.0. under these conditions, the tax rate will be 34%. If the changes are made, what willbe the company's return on equity