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FOLLOW DIRECTIONS !!!FOR THUMBS UP A firm wishes to maintaln an Internal growth rate of 7.3 percent and a dividend payout ratio of 40 percent.
FOLLOW DIRECTIONS !!!FOR THUMBS UP
A firm wishes to maintaln an Internal growth rate of 7.3 percent and a dividend payout ratio of 40 percent. The current profit margin Is 5.7 percent, and the firm uses no external financing sources. What must total asset turnover be? (Do not round Intermediate calculatlons and round your answer to 2 decimal places, e.g., 32.16.) otal asset turnover timesStep by Step Solution
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