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Current level assuming no change in assets

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Hilarious Profits, Inc. (HPI) earned a profit of 20% on sales of $30,000,000. Its balance sheet shows total assets of $10,000,000. If HPI wants to achieve a Total Asset Turnover of 4.4, what should be the percent increase in sales from the current level assuming no change in assets? (Answers are rounded)

Reference no: EM132585230

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