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please answer asap Precious Metal Mining has $8 million in sales, its ROE IS 18%, and its total assets turnover is 3.2x. Common equity on

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Precious Metal Mining has $8 million in sales, its ROE IS 18%, and its total assets turnover is 3.2x. Common equity on the firm's balance sheet is 80% of its total assets. What is its net income? Do not round Intermediate calculations. Round your answer to the nearest cent. O

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