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A firm wishes to maintain an internal growth rate of 8.0 percent and a divident payout ratio of 25 percent. The current profit margin is

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A firm wishes to maintain an internal growth rate of 8.0 percent and a divident payout ratio of 25 percent. The current profit margin is 6 percent, and the firm uses no external financing sources. What must total asset turnover be? Round your answer to 2 decimal places

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