Question: Berman & Factor Corporation's current sales and partial balance sheet are shown below. This year Sales $ 1,000 Balance Sheet: Assets Cash $ 200 Short-term
Berman & Factor Corporation's current sales and partial balance sheet are shown below. This year Sales $ 1,000 Balance Sheet: Assets Cash $ 200 Short-term investments $ 75 Accounts receivable $ 200 Inventories $ 100 Total current assets $ 575 Net fixed assets $ 450 Total assets $ 1,025 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. R
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