You are given with the following information

Bigquiz Corporation
(in millions) ($ millions)
		2018	2019
sales			550
cost of goods sold			400
depreciation			100
interest rate			10.0%
payout			40.0%
tax rate			30.0%
account receivable		26	30
cash		20
inventory		28	32
net fixed asset		300	345
account payable		20	25
note payable		10	10
long-term debt		100	120
common stock		60	60
retained earning		184
shares outstanding			10

1. Based on the information, prepare the companys balance sheet and income statement.
2. Verify that cash flow from asset equal to cash flow to creditors plus cash flow to shareholders.
3. Calculate financial ratios, how much is profit margin, asset turnover, ROE and ROA?
4. How much is the internal growth rate and sustainable growth rate? If the company targets a 20% growth rate but wants to keep its current leverage ratio, how will the company finance the external fund needed?
5. If risk free rate is 3%, market risk premium is 7%, and the companys beta is 1.2, how much is the cost of equity? How much is WACC?