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In year 20X4, a company had a net profit margin of 18%, a total asset turnover of 1.75, and a financial leverage multiplier of 1.5.

In year 20X4, a company had a net profit margin of 18%, a total asset turnover of 1.75, and a financial leverage multiplier of 1.5. If the company's net profit margin declines to 10% in 20X5, what total asset turnover would be required to maintain the same return on equity as in 20X4, assuming no change in the financial leverage multiplier?

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