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Question 1 (Operating Cycle and Cash Conversion Cycle) a. Explain operating cycle and cash conversion cycle. b. Contrast the operating cycle of a supermarket (eg.

image text in transcribed Question 1 (Operating Cycle and Cash Conversion Cycle) a. Explain operating cycle and cash conversion cycle. b. Contrast the operating cycle of a supermarket (eg. Cold Storage) with a manufacturing firm (eg. Apple Inc. which designs and manufactures phones and tablets.)

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