Fink Co. has the following information: shares outstanding for Jan 1, 23 equal 1,000, shares outstanding for Dec 31, 23 equal 2,000, net income for 2023 equals $55,000, shareholders 'equity for Jan 1, 23 equals $40,000, shareholders' equity for Dec 31, 23 equals $60,000. What is the return on equity ratio for Fink Co for the year? 1.38 1.1 .92 1.09