1. Do some research on two firms in your industry or an industry in which you are interested. Can yo

1. Do some research on two firms in your industry or an industry in which you are interested. Can you get an idea of their working capital management policies from publicly available information? How do the two companies differ in their apparent working capital management policies? Which policy do you think is better and why?JC Penny & Macys of Coke and Pepsi2. Compute the CCC’s of your companies.3.Explain the cash conversion cycle (CCC). Describe the CCC for your employer or company in an industry in which you’re interested. What are some specific things that your company could do to decrease your cash conversion cycle? Let’s be sure to describe, in pretty specific terms, the CCC for our company and what could be done to shorten it.Macys retailer.