The current sales and partial balance sheet of the Berman & Jaccor Corporation are shown below. This Year Sales $1,000 Balance Sheet: Assets Cash $100 Short-Term Investments $90 Accounts Receivable $300 Inventories $250 Total Current Assets $740 Net Fixed Assets $550 Total Assets $1,290 Sales are expected to grow 14% on next year. Assuming no change in operations from this year to next, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar.

3.) The current sales and partial balance sheet for Smiley Corporation are shown below. This Year Sales $10,000 Balance: Liabilities Accounts Payable $2,000 Notes Payable $2,000 Accruals $1,400 Total Current Liabilities $5,400 Long-Term Bonds $2,000 Total Liabilities $7,400 Common Stock $1,500 Retained Earnings $2,000 Total Common Equity $3,500 Liabilities total & capital $10,900 Sales are expected to grow 10% next year. Assuming no change in operations from this year to the next, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar.

Answer rating: 100% (QA)

To calculate the projected total operating assets for the Berman Jaccor Corporation we need to first ... View the full answer