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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.
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