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The following information is from a firm's 2019 income statement and balance sheet.Use it to calculate the Cash Conversion Cycle (CCC).How do you interpret the

The following information is from a firm's 2019 income statement and balance sheet.Use it to calculate the Cash Conversion Cycle (CCC).How do you interpret the CCC?

Sales

300,000

Cost of Goods Sold

150,000

Accounts Receivable

20,000

Inventory

5000

Accounts Payable

35,000

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