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Mathematics, 09.03.2020 21:26 TVASALLO31
A firm wishes to maintain an internal growth rate of 7.1 percent and a dividend payout ratio of 25 percent. The current profit margin is 6.5 percent, and the firm uses no external financing sources. What must total asset turnover be? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
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A firm wishes to maintain an internal growth rate of 7.1 percent and a dividend payout ratio of 25 p...
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