A firm wishes to maintain an internal growth rate of 8.25 percent and a dividend...
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A firm wishes to maintain an internal growth rate of 8.25 percent and a dividend payout ratio of 37 percent. The current profit margin is 5.9 percent and the firm uses no external financing sources Required: What must total asset turnover be? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Total asset turnover times
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