$$Ladders$,$ Inc. has a net profit margin of $5\mathrm{.}6\%$ on sales of $ $48\mathrm{.}5$ million. It has book value of equity of $ $39\mathrm{.}3$ million and total book liabilities of $ $29\mathrm{.}7$ million.

What is$$ Ladders' ROE?

$$Ladders$\text{'}$ ROE is $\_\_\_\_\_\_\%.($Round to two decimal$$ places.$)$