Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year's Sales $ 1,000 Balance Sheet: Assets Cash $ 150 Short-term investments $ 140 Accounts receivable $ 100 Inventories $ 150 Total current assets $ 540 Net fixed assets $ 400 Total assets $ 940 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.
Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year's Sales $ 1,000 Balance Sheet: Assets Cash $ 150 Short-term investments $ 140 Accounts receivable $ 100 Inventories $ 150 Total current assets $ 540 Net fixed assets $ 400 Total assets $ 940 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.
Chapter4: Financial Planning And Forecasting
Section: Chapter Questions
Problem 10P
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Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year's Sales $ 1,000 Balance Sheet: Assets Cash $ 150 Short-term investments $ 140 Accounts receivable $ 100 Inventories $ 150 Total current assets $ 540 Net fixed assets $ 400 Total assets $ 940 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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