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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
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 $ 300 Inventories $ 300 Total current assets $ 785 Net fixed assets $ 450 Total assets $ 1,235
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. Round your answer to the nearest dollar.
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