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Recommend two creative actions which a firm might take to shorten its cash conversion cycle. Give a rationale for your suggestions. From the scenario, analyze TFC's cash budget to determine key methods in which the budget may be optimized (ex: by renegotiating terms and conditions on some of its payables and so on). If you believe which there is room for improvement, propose key strategies for TFC to use in order to optimize its cash budget. If you don't believe that this is the case, give a rationale for your response.

Management Theories, Management Studies

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