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What are the projected total operating assets

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Reference no: EM132770337

Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.This year Balance Sheet:

Sales$1,000

Assets

Cash$200

Short-term investments$75

Accounts receivable$150

Inventories$100

Total current assets$525

Net fixed assets$400

Total assets$925

Sales are expected to grow by 12% next year.

Problem 1: 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: EM132770337

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