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A firm wishes to maintain an internal growth rate of 1 1 . 2 5 percent and a dividend payout ratio of 4 9 percent.

A firm wishes to maintain an internal growth rate of 11.25 percent and a dividend payout ratio of 49 percent. The current profit margin is 7.1 percent and the firm uses no external financing sources. What must total asset turnover be?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
Total asset turnover
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