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1. Based on the following information, what can you conclude regarding Firm A's profitability? Gross profit margin Operating profit margin Firm A 0.87 0.34

1. Based on the following information, what can you conclude regarding Firm A's profitability? Gross profit margin Operating profit margin Firm A 0.87 0.34 Industry Average 0.90 0.21 2. If cash conversion cycle is negative, what does it mean to a firm?

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