Projected Operating Assets 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 $ 115 Accounts receivable $ 200 Inventories $ 250 Total current assets $ 765 Net fixed assets Total assets $ 550 $1,315 Sales are expected to grow by 12% 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. 1,47

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Projected Operating Assets
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
$ 115
Accounts receivable
$ 200
Inventories
$ 250
Total current assets
$ 765
Net fixed assets
Total assets
$ 550
$1,315
Sales are expected to grow by 12% 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.
$
1,471
Transcribed Image Text:Projected Operating Assets 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 $ 115 Accounts receivable $ 200 Inventories $ 250 Total current assets $ 765 Net fixed assets Total assets $ 550 $1,315 Sales are expected to grow by 12% 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. $ 1,471
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