You are considering investing in Nuran Security Services. You have been able to locate the following information on the firm: total assets are $29.15 million, accounts receivable are $2.90 million, ACP is 20 days, net income is $3.10 million, and debt-to-equity is 1.20 times. Calculate the ROE for the firm. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

ROE = ?%