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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   $ 200   Short-term investments   $ 90   Accounts receivable   $ 250   Inventories   $ 150       Total current assets   $ 690   Net fixed assets   $ 600       Total assets   $ 1,290     Sales are expected to grow by

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   $ 200   Short-term investments   $ 90   Accounts receivable   $ 250   Inventories   $ 150       Total current assets   $ 690   Net fixed assets   $ 600       Total assets   $ 1,290     Sales are expected to grow by

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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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   $ 200  
Short-term investments   $ 90  
Accounts receivable   $ 250  
Inventories   $ 150  
    Total current assets   $ 690  
Net fixed assets   $ 600  
    Total assets   $ 1,290  

 

Sales 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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