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a. Why might a company want to reduce its cash conversion cycle? (Hint: Consider the financial statement implications of reducing the cash conversion cycle.)

a. Why might a company want to reduce its cash conversion cycle? (Hint: Consider the financial statement implications of reducing the cash conversion cycle.) b. How might a company reduce its cash conversion cycle? c. Examine and discuss the potential impacts on its customers and suppliers of taking the actions identified in part b.

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