Review the financial details of WXY Ltd:

Income Statement ($ millions)

• Sales: $6,800
• Cost of Sales: $4,200
• Gross Profit: $2,600
• Operating Expenses: $1,900
• Operating Profit: $700
• Interest Expense: $180
• Tax Expense: $120
• Net Income: $400

Balance Sheet ($ millions)

• Current Assets:
  • Cash: $140
  • Accounts Receivable: $650
  • Inventory: $750
  • Total Current Assets: $1,540
• Non-current Assets:
  • Property, Plant & Equipment: $2,800
  • Other Long-term Assets: $1,160
  • Total Non-current Assets: $3,960
  • Total Assets: $5,500
• Current Liabilities:
  • Accounts Payable: $550
  • Short-term Loans: $350
  • Total Current Liabilities: $900
• Long-term Liabilities:
  • Long-term Debt: $1,900
  • Total Liabilities: $2,800
• Equity:
  • Common Shares: $600
  • Retained Earnings: $2,100
  • Total Equity: $2,700
  • Total Liabilities & Equity: $5,500

Requirements:

a) Recommend financing options for WXY Ltd to raise $90 million for a new manufacturing unit without using its cash reserves. b) Calculate the quick ratio. c) Determine the return on equity (ROE). d) Assess the interest coverage ratio.