what are the projected total operating assets?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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100%
Berman & Jaccor Corporation's current sales and partial
This year
Sales $1,000
Balance Sheet: Assets
Cash $150
Short-term investments $140
Inventories $300
Total current assets $890
Net fixed assets $600
Total assets $1,490
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.
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