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b) Explain the effect of the following: a. Company A has recently adopted a just-in-time inventory management policy that significantly improves its inventory management. Explain
b) Explain the effect of the following:
a. Company A has recently adopted a just-in-time inventory management policy that significantly improves its inventory management. Explain how this impacts its cash conversion cycle.
b. Company X has reported a change in its depreciation policy from straight-line to reducing balance method. Explain the effect of this change on the companys operating cash flow.
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