A firm wishes to maintain an internal growth rate of 8.1 percent and a dividend payout ratio of 42 percent. The current

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A firm wishes to maintain an internal growth rate of 8.1 percent and a dividend payout ratio of 42 percent. The current

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A firm wishes to maintain an internal growth rate of 8.1 percentand a dividend payout ratio of 42 percent. The current profitmargin is 9.2 percent, and the firm uses no external financingsources. What must total asset turnover be? Round 4 places.
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