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Tortuga Industries has the following financial data: total asset 2.0 turnover gross profit margin 25%...

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Finance

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Tortuga Industries has the following financial data: total asset 2.0 turnover gross profit margin 25% liabilities to asset ratio 50% quick ratio 4.0 0.6 days' sales outstanding 36.5 $700,000 long-term debt $80.000 total assets inventory turnover retained earnings $200,000 What is Tortuga's fixed assets? $320,000 $278,500 O $275,000 O $312,000

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