What must total asset turnover be

Reference no: EM132654033

Question - A firm wishes to maintain an internal growth rate of 9.5 percent and a dividend payout ratio of 42 percent. The current profit margin is 7.5 percent, and the firm uses no external financing sources. What must total asset turnover be?

Reference no: EM132654033

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What must total asset turnover be : The current profit margin is 7.5 percent, and the firm uses no external financing sources. What must total asset turnover be

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