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A firm wishes to maintain an internal growth rate of 4.5% and a dividend payment ratio of 60%. The current profit margin is 7.5% and

A firm wishes to maintain an internal growth rate of 4.5% and a dividend payment ratio of 60%. The current profit margin is 7.5% and the firm uses no external financing sources. What must the total asset turnover be? 0.98 1.06 1.21 1.44 1.59

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