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Tortuga Industries has the following financial data: total asset 1.2 gross profit margin 20% liabilities to asset ratio 50% turnover quick ratio Inventory turnover 4.0 0.4 days' sales outstanding 36.5 $500,000 long-term debt $80,000 total assets retained earnings $125,000 What is Tortuga's fixed assets? $295.000 $312.000 $225.250 $278,500