A firm wishes to maintain an internal growth rate of 6.5 percent and a dividend payout ratio of 25 percent. The current profit margin is 6 percent, and the firm uses no external financing sources. What must total asset turnover be?
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Home » Business » A firm wishes to maintain an internal growth rate of 6.5 percent and a dividend payout ratio of 25 percent. The current profit margin is 6 percent, and the firm uses no external financing sources. What must total asset turnover be?