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0 3 . 4 1 Growth and Assets A firm wishes to maintain an internal growth rate of 6 . 8 percent and a dividend

03.41 Growth and Assets A firm wishes to maintain an internal growth rate of 6.8 percent and a dividend payout ratio of 25 percent. The current profit margin is 7.3 percent and the firm uses no external financing sources. What must total asset turnover be?

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