Question: QUESTION 3 Why is it important for a firm to minimize the length of its cash conversion cycle (CCC)? How can the firm minimize it?

QUESTION 3 Why is it important for a firm to minimize

QUESTION 3 Why is it important for a firm to minimize the length of its cash conversion cycle (CCC)? How can the firm minimize it? What are the strategies that the firm should consider while trying to minimize the CCC? (20 points)

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