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4 Tortuga Industries has the following financial data: total asset 2.0 gross profit margin 10% turnover liabilities to asset ratio 50% quick ratio inventory turnover
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Tortuga Industries has the following financial data: total asset 2.0 gross profit margin 10% turnover liabilities to asset ratio 50% quick ratio inventory turnover 6.0 0.6 days' sales outstanding 36.5 $650,000 long-term debt $100,000 total assets retained earnings $300,000 What is Tortuga's accounts payable? O $270,000 $170.000 $225,000 0 $195,000 Step by Step Solution
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