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2 pts Question 8 Tortuga Industries has the following financial data: total asset gross profit liabilities to asset 2.0 25% 50% turnover margin ratio days'

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2 pts Question 8 Tortuga Industries has the following financial data: total asset gross profit liabilities to asset 2.0 25% 50% turnover margin ratio days' sales inventory quick ratio 0.6 36.5 outstanding turnover total assets $700,000 long-term debt $80,000 retained earnings $200,000 4.0 What is Tortuga's cash amount? $22,000 $12.000 $18,000 $8.000 2 pts Question 8 Tortuga Industries has the following financial data: total asset gross profit liabilities to asset 2.0 25% 50% turnover margin ratio days' sales inventory quick ratio 0.6 36.5 outstanding turnover total assets $700,000 long-term debt $80,000 retained earnings $200,000 4.0 What is Tortuga's cash amount? $22,000 $12.000 $18,000 $8.000

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