A firm wishes to maintain an internal growth rate of 8.5 percent and a dividend payout ratio of 38 percent. The current profit margin is 6 percent and the firm uses no external financing sources. What must total asset turnover be?

A firm wishes to maintain an internal growth rate of 8.5 percent and a dividend payout ratio of 38 percent. The current profit margin is 6 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