Back to Assignment Attempts 0 Keep the Highest 0/1 18. Problem 12-02 (Projected Operating Assets) eBook...

Transcribed Image Text:

Back to Assignment Attempts 0 Keep the Highest 0/1 18. Problem 12-02 (Projected Operating Assets) 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 $ 150 Short-term investments $ 95 Accounts receivable $ 200 Inventories $ 300 Total current assets $ 745 Net fixed assets Total assets 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. $ 500 $1,245 Grade it Now Save & Continue Continue without saving Back to Assignment Attempts 0 Keep the Highest 0/1 18. Problem 12-02 (Projected Operating Assets) 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 $ 150 Short-term investments $ 95 Accounts receivable $ 200 Inventories $ 300 Total current assets $ 745 Net fixed assets Total assets 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. $ 500 $1,245 Grade it Now Save & Continue Continue without saving