Western Gas & Electric Co. is a small company and is considering a project that will require $500,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 25%. What will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $160,000? 24.00% 20.40% O 26.40% 16.80% Determine what the project's ROE will be if its EBIT is -$45,000. When calculating the tax effects, assume that Western Gas & Electric Co. as a whole will have a large, positive income this year. -8.04% 0 -7.37% O -6.7% -6.03% 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 11%. What will be the project's ROE if it produces an EBIT of $160,000? 31.80% 45.71% 43.73% 39.75%