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19. 20. Growth and Assets [LO3] A firm wishes to maintain an internal growth rate of 6.4 per- cent and a dividend payout ratio of

19. 20. Growth and Assets [LO3] A firm wishes to maintain an internal growth rate of 6.4 per- cent and a dividend payout ratio of 25 percent. The current profit margin is 5.7 percent, and the firm uses no external financing sources. What must total asset turnover be? Sustainable Growth [LO3] Based on the following info
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19. Growth and Assets [LO3] A firm wishes to maintain an internal growth rate of 6.4 percent and a dividend payout ratio of 25 percent. The current profit margin is 5.7 percent, and the firm uses no external financing sources. What must total asset turnover be

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