Computation of Projected Total Operating Assets:

Projected Total Operating Assets = Projected Cash + Projected Accounts Receivables + Projected Inventories + Projected Net Fixed Assets

Here,

Projected Cash = $1,080*0.15 = $162

Projected Accounts Receivables = $1,080*0.15 = $162

Projected Inventories = $1,080*0.20 = $216

Projected Net Fixed Assets = $1,080*0.40 = $432

Projected Total Operating Assets = $162 + $162 + $216 + $432 = $972

Workings:

Computation of Ratio of Each Operating Assets of Last Year to Last Year's Sales:

Cash = Cash/Sales = $150/$1,000 = 0.15

Accounts Receivable = $150/$1,000 = 0.15

Inventories = $200/$1,000 = 0.20

Net Fixed Assets = $400/$1,000 = 0.40

Next Year's Sales = Current Sales*(1+Growth Rate) = $1,000*1.08 = $1,080