You are thinking of investing in Nikki T's, Inc. You have only the following information on the firm at year-end 2018: net income is $160,000, total debt is $3.10 million, and debt ratio is 65 percent. What is Nikki T's ROE for 2018? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected