Determine what the project’s ROE will be if its EBIT is –$55,000. When calculating the tax effects, assume that Flowers by Irene Inc. as a whole will have a large, positive income this year. a. -8.62%
b. -7.5%
c. -7.87%
d. -6.75%

-5.96%

Explanation:

The adjusted EBIT for tax purposes=-$55,000*(1-t)

t is the is the tax rate applicable which is 35% as contained in the attached

adjusted EBIT=-$55,000(1-35%)=-$35750

ROE =return on  equity/initial outlay

return on equity is -35750

initial capital outlay is $600,000

ROE= -$35750 /$600,000=

The correct answer is -5,96% which is not available as of one of the options listed in question

so they can see what that city is producing and to also see if they can some how get that product. like gold in africa.

answer: e

explanation: