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1. Based on the following information, what can you conclude regarding Firm A's profitability? Firm A Industry Average Gross profit margin 0.87 0.90 Operating profit

1. Based on the following information, what can you conclude regarding Firm A's profitability?

Firm A Industry Average

Gross profit margin 0.87 0.90

Operating profit margin 0.34 0.21

2. If cash conversion cycle is negative, what does it mean to a firm?

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