Western Gas & Electric Co. is considering a project that will require $650,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 40%. What will be the ROE (return on equity) for this project if it produces an EBIT (earnings before interest and taxes) of $155,000? o 11.4% o 14.3% o 12.2% o 8.6% 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. -4.6% 0-36% 0-42% 0-34% 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 13%. What will be the project's ROE if it produces an EBIT of $155,000? o 19.8% o 20.8% 22.9% What will be the project's ROE if it produces an EBIT of-$45,000 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. -18.5% -14.5% -15.3% -16.1%