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2.Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.   This year   Sales $ 1,000     Balance Sheet: Assets                                       Cash $ 200        Short-term investments $ 135        Accounts receivable $ 100        Inventories $ 200            Total current assets $ 635        Net fixed assets $ 450            Total assets $ 1,085     Sales are expected to grow by 10% 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.

2.Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.   This year   Sales $ 1,000     Balance Sheet: Assets                                       Cash $ 200        Short-term investments $ 135        Accounts receivable $ 100        Inventories $ 200            Total current assets $ 635        Net fixed assets $ 450            Total assets $ 1,085     Sales are expected to grow by 10% 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.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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2.Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.

 

This year

 

Sales $ 1,000  

 

Balance Sheet: Assets                                    

 

Cash $ 200     

 

Short-term investments $ 135     

 

Accounts receivable $ 100     

 

Inventories $ 200     

 

    Total current assets $ 635     

 

Net fixed assets $ 450     

 

    Total assets $ 1,085  

 

Sales are expected to grow by 10% 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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