A firm wishes to maintain an internal growth rate of 95


Question: A firm wishes to maintain an internal growth rate of 9.5 percent and a dividend payout ratio of 42 percent. The current profit margin is 6.4 percent and the firm uses no external financing sources. What must total asset turnover be? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: A firm wishes to maintain an internal growth rate of 95
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