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Explain (1)positive reconciling items that do not appear to be sustainable sources of OCF, (2)the level and trend of the company's cumulative ratio of OCF
Explain (1)positive reconciling items that do not appear to be sustainable sources of OCF, (2)the level and trend of the company's cumulative ratio of OCF to NI before D&A and (3) the trend of the company's average AR collection period, inventory "days," DPO, and net operating cycle, emphasizing their implications for the company's earnings quality.
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