The firm wishes to maintain an internal growth rate of 875, Financial Management

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The firm wishes to maintain an internal growth rate of 875

The firm wishes to maintain an internal growth rate of 8.75% and a dividend payout ratio of 39%. The current profit margin is 6.1% and the firm uses no external financing sources. What must total assets turnover be?

Total asset turnover is how many times?

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Financial Management: The firm wishes to maintain an internal growth rate of 875

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Financial Management: The firm wishes to maintain an internal growth rate of 875

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