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eBook Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are...

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Accounting

eBook

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 $ 140
Accounts receivable $ 200
Inventories $ 250
Total current assets $ 790
Net fixed assets $ 550
Total assets $ 1,340

Sales are expected to grow by 12% 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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