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(1) Use your own word to describe the meaning of cash conversion cycle. (2) To make a company more successful, what can it improve its

(1) Use your own word to describe the meaning of cash conversion cycle.

(2) To make a company more successful, what can it improve its cash conversion cycle (CCC)? List out 3 possible ways. (Hint: how can you improve the 3 component time periods included in the CCC formula?)

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