Dupont and net income precious metal mining has 17 million


DuPONT AND NET INCOME Precious Metal Mining has $17 million in sales, its ROE is 17%, and its total assets turnover is 3.2X. Common equity on the firm’s balance sheet is 50% of its total assets. What is its net income?

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Financial Management: Dupont and net income precious metal mining has 17 million
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