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Why is understanding the relationship between the cash conversion cycle (CCC) and net working capital important to the contemporary business executive? Explain ways in which

Why is understanding the relationship between the cash conversion cycle (CCC) and net working capital important to the contemporary business executive? Explain ways in which executive decisions regarding CCC and net working capital can affect a company, both adverse and beneficial. Support your response with a specific example from the business world. Please provide a detailed response. No Plagiarism need a original response.

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