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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 $150
Short-term investments $125
Accounts receivable $200
Inventories $250
Total current assets $725
Net fixed assets $500
Total assets $1,225
Sales are expected to grow by 10% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets?
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