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give accurate answer 8. Problem 4.08 (DuPONT and Net Income) Precious Metal Mining has $5 million in sales, its ROE is 18%, and its total

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give accurate answer

8. Problem 4.08 (DuPONT and Net Income) Precious Metal Mining has $5 million in sales, its ROE is 18%, and its total assets turnover is 2.5x. 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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