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8. Problem 4.08 (DUPONT and Net Income) eBook Problem Walk-Through Precious Metal Mining has $19 million in sales, its ROE is 18%, and its total

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8. Problem 4.08 (DUPONT and Net Income) eBook Problem Walk-Through Precious Metal Mining has $19 million in sales, its ROE is 18%, and its total assets turnover is 3.2x. Common equity on the firm's balance sheet is 50% of its total assets. What is its net income? Do not round intermediate calculations. Round your answer to the nearest cent. $ Grade it Now Save & Continue

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