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Precious Metal Mining has $16 million in sales, its ROE is 13%, and its total assets turnover is ex. Common equity on the firm's balance
Precious Metal Mining has $16 million in sales, its ROE is 13%, and its total assets turnover is ex. Common equity on the firm's balance sheet 8 45% of its total assets. What is its net income? Write out your answer completely. For example, 5 milion should be entered as 5,000,000. Do not round Intermediate calculations. Round your answer to the nearest cent $
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