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A. Calculate the CCC for each Firm. B. Which firm is in the better financial position? That is, which firm likely to be the most

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A. Calculate the CCC for each Firm. B. Which firm is in the better financial position? That is, which firm likely to be the most liquid? Why? If you do not answer why, you will not get credit? Given the following information: Firm A Days in Receivables: 3.1 Days in Payables: 38.5 Days in Inventory: 48.9 Firm B 43.5 36 6 Answer below. IC T M M . il

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