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Explain the meaning of the term cash operating cycle

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Reference no: EM133099019

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Q1. Explain the meaning of the term 'cash operating cycle' and discuss its significance in determining the level of investment in working capital. Your answer should refer to the working capital needs of different business sectors.

Q2. Discuss whether profitability or liquidity is the primary objective of working capital management.

Reference no: EM133099019

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