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How are engineering and scientific models different?
Accounts Receivable
Money owed to a business by its customers for goods or services delivered but not yet paid for, considered a current asset on the balance sheet.
Sales Collected
The actual revenue received from customers, including cash sales and collections on account receivables.
Raw Materials Inventory
The total cost or value of all the raw materials that are to be used in production and are currently stored in inventory.
Raw Materials Production Needs
The quantity and type of raw materials required to meet production targets based on the designed product and manufacturing processes.
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