Describe the impact that aggressive action aimed at minimizing a firm’s cash conversion cycle (CCC) would have on the following financial ratios: inventory turnover, average collection period and aver

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Describe the impact that aggressive action aimed at minimizing a firm’s cash conversion cycle (CCC) would 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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