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FIN - 650 --- Problem 12-02 (Projected Operating Assets) Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year Sales

FIN - 650 --- Problem 12-02 (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 $125
Accounts Receivable $150
Inventories $250
Total Current Assets $725
Net Fixed Assets $500
Total Assets $1,225

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.

$_____________

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