$6million in sales. ROE is 12%. Total asset turnover is 3.2x and company is 50% financed. What is the Net income?

Without seeing your work there's no way to tell where--or if--you got off track. Check out the forum's homework help guidelines, then check back in with your work on the problem. Assistance will follow.

Follow these steps:
1. Calculate total assets using total assets turnover
2. Divide total assets by 2 to get equity
3. Multiply the equity with ROE and you get the answer