Find what are the projected total operating assets

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Reference no: EM133012504

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 $ 150
Inventories $ 150
Total current assets $ 635
Net fixed assets $ 550
Total assets $ 1,185

Problem 1: 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.

Reference no: EM133012504

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