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Please help!! A firm wishes to maintain an internal growth rate of 7.5 percent and a dividend payout ratio of 25 percent. The current profit

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A firm wishes to maintain an internal growth rate of 7.5 percent and a dividend payout ratio of 25 percent. The current profit margin is 5.9 percent, and the firm uses no external financing sources What must total asset turnover be? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Total asset turnover times References eBook & Resources Worksheet Leaming Objective: 04-03 The determinants of a firms growth Difficulty: Intermediate Section: 4.4 External Financing and Growth

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