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What are the projected total operating assets

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Reference no: EM132618273

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 $ 70

Accounts receivable $ 150

Inventories $ 200

Total current assets $ 570

Net fixed assets $ 400

Total assets $ 970

Sales are expected to grow by 8% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets?

Reference no: EM132618273

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