What are the projected total operating assets

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Question: 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    $145

Accounts receivable       $250

Inventories             $200

Total current assets              $795

Net fixed assets $450

Total assets             $1,245

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: EM132953744

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