Question
A firm wishes to maintain an internal growth rate of 9.25 percent and a dividend payout ratio of 41 percent. The current profit margin is
| A firm wishes to maintain an internal growth rate of 9.25 percent and a dividend payout ratio of 41 percent. The current profit margin is 6.3 percent and the firm uses no external financing sources. |
| Required: |
| What must total asset turnover be? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
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The Validation Of Risk Models
Authors: S. Scandizzo
1st Edition
1137436956, 978-1137436955
