The following data applies to BigCo. Inc. (in millions of US $):

• Cash & marketable securities $75
• Fixed assets $130
• Net sales $600
• Earnings Before Interests and Taxes (EBIT) $65
• Net Earnings After Taxes (NEAT ) $30
• Quick Ratio ((CA-Inventory)/CL) 2.1 to 1
• Current Ratio (CA/CL) 3.4 to 1
• Average Collection Period (ACP) 45.6 days
• Return on Equity (ROE, NEAT/Net Common Equity) 13%
• Tax rate 25%

On the Liabilities & Equity side, BigCo has only common equity, debt and current operating liabilities.

a. Find BigCos (1) Accounts Receivables, (2) Current Operating Liabilities, (3) Current Assets, (4) Total Assets, (5) Net Common Equity, and (6) Debt. (10 points)

b. If BigCo managed to reduce its ACP by 15.60 days (to 30 days) while holding other things constant, how much cash could it generate? (10 points).

c. What is BigCos ROIC (post-tax) ? (10 points)