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4. JW's shareholders are once again causing problems. This time, the issue concerns the CCE. Shareholders want to see the firm become more efficient at

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4. JW's shareholders are once again causing problems. This time, the issue concerns the CCE. Shareholders want to see the firm become more efficient at turning revenues into operating cash flow. Assuming that revenues remain unchanged from fiscal year 2016, what level of operating cash flow will be required to generate the following values for the CCE? a. 10%? b. 15% C. 20% d. 25% 5. JW's treasurer has just decided to incorporate the A concept when evaluating the firm's liquid- ity position. In addition to the information provided by the financial statements, what other variables would also be needed to calculate JW's A

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