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 = $580,000, total debt = $12.8 million, debt ratio = 43%. What is Tikki's ROE for 2008?

1.95%

10.53%

3.42%

4.53%