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Claudia Limited has noticed that its Cash Conversion Cycle (CCC) is a lot lower than its competitors and is wondering why this has occurred. For

Claudia Limited has noticed that its Cash Conversion Cycle (CCC) is a lot lower than its competitors and is wondering why this has occurred. For each account, choose whether the following account balances should be increased or decreased to increase the CCC. (4 Marks)

Accounts Payable: Answer

Accounts Receivable: Answer

Inventory: Answer

Cash Balance:

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