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a)Calculate the net working capital for each company during 2018 and 2019. b)Calculate the cash conversion cycle of the two companies in 2019. Comment and
a)Calculate the net working capital for each company during 2018 and 2019.
b)Calculate the cash conversion cycle of the two companies in 2019. Comment and compare any changes in the operating cycle.
c)What should a firm's goal be regarding the cash conversion cycle, holding other things constant? Explain your answer.
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