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A firm wishes to maintain an internal growth rate of 8 percent and a dividend payout ratio of 36 percent. The current profit margin is

A firm wishes to maintain an internal growth rate of 8 percent and a dividend payout ratio of 36 percent. The current profit margin is 5.8 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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