QUESTION $10$

You are thinking of investing in Cyberdog, Inc. You have only the following information on the firm at year$-$end $2023$: net income $=$ $$800,000,$ total debt $=$$$18$ million, and debt ratio $=60$ percent. What is Cyberdog's ROE for $2023?$

$1\mathrm{.}67$ percent

$6\mathrm{.}67$ percent

$4\mathrm{.}17$ percent

$10\mathrm{.}42$ percent