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Required: a. Define the cash conversion cycle. (2 marks) b. Calculate BBBs Average Age of Inventory. (4 marks) c. Calculate BBBs Average Collection Period. (4
Required: a. Define the cash conversion cycle. (2 marks) b. Calculate BBBs Average Age of Inventory. (4 marks) c. Calculate BBBs Average Collection Period. (4 marks) d. Calculate the Accounts Payable Period. (4 marks) e. Calculate the BBBs cash conversion cycle. (4 marks) f. Advise BBB on what they should do to reduce their cash conversion cycle. (3 marks) g. Explain two strategies that BBB can use to fund its cash conversion cycle requirements.
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