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Homework answers / question archive / Berman & Jaccor Corporation's current sales and partial balance sheet are shown below
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 $ 70
Accounts receivable $ 150
Inventories $ 200
Total current assets $ 570
Net fixed assets $ 400
Total assets $ 970
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?
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