Question

Berman & Jaccor Corporations current sales and partial balance sheet are shown below. This year Sales $1,000 Balance Sheet:

Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. 


This year 
Sales$1,000
Balance Sheet: Assets Cash$ 150 
 Short-term investments  $ 115
Accounts receivable  $ 250
Inventories  $ 100
Total current assets $ 615
Net fixed assets  $ 400
Total assets  $ 1,015 

Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar. 

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Answer Step 1 Calculation of Total Operating Assets (Current Year) Cash Accounts Receivables Inventories Net Fixed Assets Tot

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