Question
2.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
2.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 $ 135
Accounts receivable $ 100
Inventories $ 200
Total current assets $ 635
Net fixed assets $ 450
Total assets $ 1,085
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? Do not round intermediate calculations. Round your answer to the nearest dollar.
$ __
3.Smiley Corporation's current sales and partial balance sheet are shown below.
This year
Sales $ 10,000
Balance Sheet: Liabilities
Accounts payable $ 2,000
Notes payable $ 2,500
Accruals $ 1,400
Total current liabilities $ 5,900
Long-term bonds $ 2,000
Total liabilities $ 7,900
Common stock $ 1,500
Retained earnings $ 2,000
Total common equity $ 3,500
Total liabilities & equity $ 11,400
Sales are expected to grow by 10% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar.
$__
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