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CENGAGE |MIND Search this course Problem Set 2 X 18. Problem 12-02 (Projected Operating Assets) eBook Projected Operating Assets Berman & Jaccor Corporation's current sales
CENGAGE |MIND Search this course Problem Set 2 X 18. Problem 12-02 (Projected Operating Assets) eBook 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 $ 150 Short-term investments 85 Accounts receivable $ 250 Inventories $ 250 Total current assets $ 735 Net fixed assets $ 400 Total assets $1,135 Sales are expected to grow by 12% 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. Grade it Now Save & Continue continue without saving
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