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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
SUSTAINABLE GROWTH RATE Weatherford Industries Inc. has the following ratios: A0 /S0 = 1.6; L0*/ S0= 0.4; profit margin =Â 0.10; and payout ratio = 0 45, or 45%. Sales last year were $100 million. Assuming that these ratios will remain constant, use the AFN equation to determine the maximum growth rate (the sustainable growth rate) Weatherford can achieve without having to employ nonspontaneous external funds
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