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Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This yearSales$1,000 Balance Sheet: Assets Cash$200Short-term investments$120Accounts receivable$150Inventories$150Total current
Projected Operating Assets
Berman & Jaccor Corporation's current sales and partial balance sheet are shown below.
This yearSales$1,000Balance Sheet: AssetsCash$200Short-term investments$120Accounts receivable$150Inventories$150Total current assets$620Net fixed assets$600Total assets$1,220Sales 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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