Question: What impact would aggressive action aimed at minimizing a firms cash conversion cycle (CCC) have on the following financial ratios: inventory turnover, average collection period,

What impact would aggressive action aimed at minimizing a firm’s cash conversion cycle (CCC) have on the following financial ratios: inventory turnover, average collection period, and average payment period? What are the key constraints on aggressive pursuit of these strategies with regard to inventory, accounts receivable, and accounts payable?

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