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Homework answers / question archive / Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below

Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below

Finance

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   $ 120  
Accounts receivable   $ 200  
Inventories   $ 200  
    Total current assets   $ 670  
Net fixed assets   $ 400  
    Total assets   $ 1,070  

Sales are expected to grow by 8% 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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