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Attempts: 0 Keep the Highest: 0/1 8. Problem 4.08 (DUPONT and Net Income) eBook Problem Walk-Through Precious Metal Mining has $ 15 million in sales,

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Attempts: 0 Keep the Highest: 0/1 8. Problem 4.08 (DUPONT and Net Income) eBook Problem Walk-Through Precious Metal Mining has $ 15 million in sales, its ROE is 13%, and its total assets turnover is 4x, 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

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