A firm wishes to maintain an internal growth rate of 9, Financial Management

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A firm wishes to maintain an internal growth rate of 9

A firm wishes to maintain an internal growth rate of 9 percent and a dividend payout ratio of 25 percent. The current profit margin is 9 percent, and the firm uses no external financing sources. What must total asset turnover be? Round your answer to 2 decimal places.

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Financial Management: A firm wishes to maintain an internal growth rate of 9

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Financial Management: A firm wishes to maintain an internal growth rate of 9

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