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Kaleb's Karate Supply had a profit margin of 11 percent, sales of $27.4 million, and total assets of $7.9 million. What was the total asset

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Kaleb's Karate Supply had a profit margin of 11 percent, sales of $27.4 million, and total assets of $7.9 million. What was the total asset tumover? (Do not round intermediate calculations and round your answer to 2 decimal places,o.g. 32.16) Totai asset turnover times management set a goal of increasing total asset turnover to 3 5 limes, what would the new sales tgure need to be assuming no ncrease in total assets? Enter your dollars, not millions of dollars, e.g, 1,234,567. Do not round Intermediate calculations and round your answer to the nearest whole dollar, e.g, 32) Sales

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