What is the role of Cash Conversion Cycle (CCC) in liquidity management, maximization of profits

business

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1) What is the role of Cash Conversion Cycle (CCC) in liquidity management, maximization of profits, and value of the firm? Explain and give examples.Also Discuss, inventory management (EOQ model) and Just in Time Inventory Receivables and Payables Management System. 2)explain the role that working capital management plays iin maximization of the value of the firm and reducing bankruptcy cost?

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