Question: odule 1 Homework Assignment Scone 63.33s Save Submit Assignment for Grading 14 of 20 a Check My Work (3 remaining) Click here to read the

odule 1 Homework Assignment Scone 63.33s Save Submit Assignment for Grading 14 of 20 a Check My Work (3 remaining) Click here to read the eBook: Potential Misuses of Roe DuPONT AND NET INCOME Precious Metal Mining has $20 million in sales, its ROE is 11%, and its total assets turnover is 2.5x. Common eq.ty on the firm's balance sheet is 40%of its total assets, what is its net income? Write out your answer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest cent. Do not round intermediete stops

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