What are the projected total operating assets

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Reference no: EM132819202

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 $ 120

Accounts receivable $ 100

Inventories $ 300

Total current assets $ 670

Net fixed assets $ 400

Total assets $ 1,070

Problem 1: 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? Do not round intermediate calculations. Round your answer to the nearest dollar.

Reference no: EM132819202

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