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 $ 105 Accounts receivable $ 100 Inventories $ 300 Total current assets $ 705 Net fixed assets $ 400 Total assets $ 1,105 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.

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 $ 105 Accounts receivable $ 100 Inventories $ 300 Total current assets $ 705 Net fixed assets $ 400 Total assets $ 1,105 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.

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter12: Corporate Valuation And Financial Planning

Section: Chapter Questions

Problem 3P: Smiley Corporations current sales and partial balance sheet are shown here. Sales are expected to...

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bartleby, a Learneo, Inc. business

	This year
Sales		$	1,000
Balance Sheet: Assets
Cash		$	200
Short-term investments		$	105
Accounts receivable		$	100
Inventories		$	300
Total current assets		$	705
Net fixed assets		$	400
Total assets		$	1,105