A firm wishes to maintain an internal growth rate of 8.1 percent and a dividend payout ratio of 42 percent. The current
Posted: Fri Jul 01, 2022 7:50 am
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.