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H eBook Problem Walk-Through Precious Metal Mining has $17 million in sales, its ROE is 12%, and its total assets turnover is 4x. Common equity

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H eBook Problem Walk-Through Precious Metal Mining has $17 million in sales, its ROE is 12%, and its total assets turnover is 4x. Common equity on the firm's balance sheet is 40% of its total assets. What is i net income? Do not round intermediate calculations. Round your answer to the nearest cent $ Grade it Now Save & Continue Continue without saving

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