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Kaleb's Karate Supply had a profit margin of 1 1 percent, sales of $ 2 3 . 4 million, and total assets of $ 8

Kaleb's Karate Supply had a profit margin of 11 percent, sales of $23.4 million, and total assets of $8.9 million.
a. What was the total asset turnover?
Note; Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. If management set a goal of increasing total asset turnover to 2.75 times, what would the new sales figure need to be, assuming no increase in total assets?
Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar, e.g.,1,234,567.
\table[[a. Total asset turnover,,times],[b: Sales,,]]
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