Recto said there was a proposal from an agency in the government's economic cluster to limit to P10 billion a year the
plowback to farmers 'even if duties collected from imported rice are double or triple that amount.'
These were the funds that came to be called the "
plowback" funds.
we have no reason to believe that defendants lower the
plowback ratio
P/E = the fundamental price-earnings ratio, g = expected growth rate of earnings per share, ROE = return on equity, g/ROE = b =
plowback ratio (retention ratio), (1-g/ROE) = (1--b) = payout ratio,
SGR represents the sustainable growth rate, which we calculate as the product of return on equity and
plowback ratio.
For general and limited partners, these bonuses did not represent pure income: General partners had a mandatory
plowback ratio of 80 percent while that of limited partners was lower.
It is highly unlikely that he would have been able to bring all the companies into line to make good on his offer of a total
plowback of profits into research and development.
'A 100-percent
plowback rate will guarantee that the government will not be tempted to use the taxes collected to shore up its fiscal position,' Recto said.