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What are the projected total operating assets

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Reference no: EM133111279

Question - Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.

This year

Sales

$1,000

Balance Sheet: Assets

Cash

$100

Short-term investments

$85

Accounts receivable

$100

Inventories

$150

Total current assets

$435

Net fixed assets

$450

Total assets

$885

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?

Reference no: EM133111279

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