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Weatherford Industries Inc. has the following ratios: A = 1.6 So LO = 0.4 So Profit margin = 0.10 Payout ratio = 0.45 or 45%

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Weatherford Industries Inc. has the following ratios: A = 1.6 So LO = 0.4 So Profit margin = 0.10 Payout ratio = 0.45 or 45% Sales last year were P100,000,000. If these ratios will remain constant, use the AFN equation to determine the maximum growth rate that Weatherford can achieve without having to employ nonspontaneous external funds

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