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Apple Two Enterprises expects to generate sales of $5,950,000 for fiscal 2014; sales were $3,450,000 in fiscal 2013. Assume the following figures for the fiscal year ending 2013: cash $70,000; accounts receivable $250,000; inventory $400,000; net fixed assets $520,000; accounts payable $235,000; and accruals $155,000. Use the percent-of-sales method to forecast accounts payable for the fiscal year ending 2014.
Service Chambers
Components typically found in air brake systems of large vehicles, used to convert compressed air into mechanical force to apply the brakes.
Modulations Per Second
A measure of how many times a signal's modulation changes within one second, indicative of the signal’s variation rate.
Pneumatic ABS
An Anti-lock Braking System for air-braked vehicles, particularly large trucks and buses, that prevents wheel lockup during braking.
Reluctor Wheel
A component in an electronic ignition system that works with a sensor to produce a signal, used for determining the engine's position or speed.
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