"What are net earnings and the return on equity if the owners provide the needed $80M? What are net earnings and the return on equity if $40M of the needed $80M is borrowed at an interest rate of 10%? Investment (No Funds Financial (with Tax 33% Sales $50,000,000 $50:000,000 To Start $80,000,000 Expenses $35,280,000 $35,280,000 Borrowed $40,000,000 Eamings before Interest and Taxes (EBIT) Rate 10% Interest Earnings before Taxes (EBT) Taxes Net Earnings Return of Equity = Breakeven . Leverage receipt-SPR23T1-ONP-FIN1000-01-Mod