Question: 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 the CCC and net working capital can affect a company both adversely and beneficially. Support your response with a specific example from the business world.

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Please answerthe abovein 250 words.

The note should have intext citations. For example, anything with numbers or quotes. The intent citation just needs to be the Author's last name and year it was published. Please also include REFERENCES. Thanks.

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