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Tortuga Industries has the following financial data: total asset turnover 1.4 gross profit margin 20% liabilities to asset ratio 45% quick ratio 0.5 days' sales

Tortuga Industries has the following financial data:

total asset turnover 1.4 gross profit margin 20% liabilities to asset ratio 45%
quick ratio 0.5 days' sales outstanding 36.5 inventory turnover 3.0
total assets $600,000 long-term debt $75,000 retained earnings $150,000

What is Tortuga's cash amount?

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$9,250

$8,000

$13,500

$12,575

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