QUESTION 14 1. A firm has an asset turnover ratio of 2.0. Its plowback ratio is 40%, and it is all equity-financed. a. What must its profit margin be if it wishes to finance 11% growth using only internally generated funds? b. if the profit margin of the firm is now found to be 6%, what is the maximum payout ratio that will allow it to grow at 8% without resorting to external financing? T T T F Paragraph v Arial II! T 3 (12pt) T Toes ABC %D0Q fx Mashups " HTML CSS Path: Words:0