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1)A company has net working capital of $450,000, revenues for the period of $180,000, and $15,000 in net cash flows from operations. What is this

1)A company has net working capital of $450,000, revenues for the period of $180,000, and $15,000 in net cash flows from operations. What is this company's cash conversion efficiency?

a.3.3%

b.5.6%

c.8.3%

d.40.0%

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