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Question - Projected Operating Assets - 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
$100
Accounts receivable
$250
Inventories
$150
Total current assets
$700
Net fixed assets
$600
Total assets
$1,300
Sales are expected to grow by 14% 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.
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