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Business, 18.02.2020 04:31 ssssss190

A firm wishes to maintain an internal growth rate of 11 percent and a dividend payout ratio of 24 percent. The current profit margin is 7 percent and the firm uses no external financing sources. What is the total asset turnover (TAT)?

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A firm wishes to maintain an internal growth rate of 11 percent and a dividend payout ratio of 24 pe...
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