Bigquiz currently is an all-equity financed firm with the information given below. Bigquiz Corporation (in millions) 2018 2019 sales 800 cost of goods sold 600 depreciation 60 interest rate 10.0% payout 40.0% tax rate 35.0% account receivable 26 30 cash 20 inventory 24 40 net fixed asset 330 account payable 0 0 note payable 0 0 long-term debt 0 0 common stock 100 100 retained earning 300 shares outstanding 360 10 e 1. A) How much is the cash and retained earning in 2019? # B) Bigquiz can borrow at 10% interest rate, if the company starts to borrow, do you think borrowing will increase or decrease the firms ROE? Why?' C) If the firm targets a 30% growth rate next year, and the firm doesn't want to issue new equity, how to finance? (suppose profit margin, asset turnover ratio, payout ratio remain constant over the period)