Question 1 (5 points): "The financial underpinnings of supply chains are of paramount importance, as firms need to carefully manage their uses of cash, including working capital (WC), alongside their inventory. WC constitutes a significant portion of a firm's investment (...) and comprises there components: Inventory, payables, and receivables... WC is measured through the cash conversion cycle (CCC), which is the average time it takes an invested dollar to buy inputs, produce and sell outputs, and collect cash... The existing literature on the topic of WC management offers different perspectives on its effectiveness as a tool for improving performance." (Dbouk et al., 2020, page 1) Critically evaluate the relationship between cash conversion cycle and firm performance