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DuPont and Net income: Precious Metal Mining has $ 1 7 million in sales, its ROE is 1 7 % , and its total assets

DuPont and Net income:

Precious Metal Mining has $

17

million in sales, its ROE is

17 %,

and its total assets turnover is

3.2 x .

Common equity on the firm's balance sheet is

50 %

of its total assets. What is its net income?

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