Approximate Precision Tools generated $ 5 mln . in sales during 2017 , and its year- end total assets were $ 4 mln . Also , at year - end 2017 , current liabilities were $ 2.5 . , consisting of $ 0.5 mln of notes payable , $ 1 mln . of accounts payable and $ 1 min of accruals . Looking ahead to 2018 , the company estimates that its assets and spontaneous liabilities must increase at the