Question: just need some help solving, i keep getting it wrong. thank you so much ! 7. Problem 4.0B (DupONT and Net Income) Precious Metal Mining
7. Problem 4.0B (DupONT and Net Income) Precious Metal Mining has $12 million in sales, its ROE is 13%, and its total assets turnover is 3.2x. Common equity on the firm i balance sheet is 80\% of its total assets. What is its net income? Do not round intermediate calculations. Round your answer to the nearest cent
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