Profitability and Asset Management Ratios You are thinking of investing in Tikki's Torches, Incorporated You have only the following information on the firm at year$-$end $2018$: net income $=$$$540,000,$ total debt $=$$$12\mathrm{.}4$ million, debt ratio $=44\%.$ What is Tikki's ROE for $2018?$

Multiple Choice

$1\mathrm{.}92\%$

$4\mathrm{.}35\%$

$3\mathrm{.}42\%$