Profitability and Asset Management Ratios You are thinking of investing in Tikki's Torches, Inc. You have only the following information on the firm at year-end 2008: net income = $690,000, total debt = $13.9 million, debt ratio = 44%. What is Tikki's ROE for 2008?

*Show your work

A) 3.90%

B) 4.96%

C) 11.27%

D) 2.18%