Question: please help with 8 & 9 Question 8 2 pts Tortuga Industries has the following financial data: total asset 2.0 cross profit margin 10% liabilities

please help with 8 & 9
please help with 8 & 9 Question 8 2 pts Tortuga Industries

Question 8 2 pts Tortuga Industries has the following financial data: total asset 2.0 cross profit margin 10% liabilities to asset ratio 50% turnover quick ratio 0.6 days' sales outstanding 36.5 inventory turnover 16.0 total assets $650,000 long-term debt $100,000 retained earnings $300,000 Assuming that all liabilities except long-term debt are current liabilities, what is Tortuga's cash amount? O $5,000 $12.000 $9,600 $8,000 Question 9 2 pts Tortuga Industries has the following financial data: total asset gross profit margin 2056 abilities to asset ratio turnover 45% quick ratio 30 0.5 days' sales outstanding 365 $600.000 long-term debt $75.000 total assets inventory turnover retained earnings $150.000 What is Tortuga's fixed assets? $327,600 $278.500 $298.000 $312.000

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