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What are the projected total operating assets

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Reference no: EM132987986

Question - 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 $100

Accounts receivable $200

Inventories $300

Total current assets $800

Net fixed assets $450

Total assets $1,250

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.

Reference no: EM132987986

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