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Precious Metal Mining has 515 million in sales. its ROE is 11%, and its total assets turnover is 2.5. Common equity on the firm's balance

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Precious Metal Mining has 515 million in sales. its ROE is 11%, and its total assets turnover is 2.5. 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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