id	sid	tid	token	lemma	pos
gujaf-41	1	1	gusau	gusau	PROPN
gujaf-41	1	2	journal	journal	NOUN
gujaf-41	1	3	of	of	ADP
gujaf-41	1	4	accounting	accounting	NOUN
gujaf-41	1	5	and	and	CCONJ
gujaf-41	1	6	finance	finance	NOUN
gujaf-41	1	7	(	(	PUNCT
gujaf-41	1	8	gujaf	gujaf	NOUN
gujaf-41	1	9	)	)	PUNCT
gujaf-41	1	10	vol	vol	NOUN
gujaf-41	1	11	.	.	NOUN
gujaf-41	1	12	1	1	NUM
gujaf-41	1	13	issue	issue	NOUN
gujaf-41	1	14	2	2	NUM
gujaf-41	1	15	,	,	PUNCT
gujaf-41	1	16	october	october	PROPN
gujaf-41	1	17	,	,	PUNCT
gujaf-41	1	18	2020	2020	NUM
gujaf-41	1	19	issn	issn	VERB
gujaf-41	1	20	:	:	PUNCT
gujaf-41	1	21	2756	2756	NUM
gujaf-41	1	22	-	-	PUNCT
gujaf-41	1	23	665x	665x	NOUN
gujaf-41	1	24	a	a	DET
gujaf-41	1	25	publication	publication	NOUN
gujaf-41	1	26	of	of	ADP
gujaf-41	1	27	department	department	NOUN
gujaf-41	1	28	of	of	ADP
gujaf-41	1	29	accounting	accounting	NOUN
gujaf-41	1	30	and	and	CCONJ
gujaf-41	1	31	finance	finance	NOUN
gujaf-41	1	32	,	,	PUNCT
gujaf-41	1	33	faculty	faculty	NOUN
gujaf-41	1	34	of	of	ADP
gujaf-41	1	35	management	management	NOUN
gujaf-41	1	36	and	and	CCONJ
gujaf-41	1	37	social	social	ADJ
gujaf-41	1	38	sciences	science	NOUN
gujaf-41	1	39	,	,	PUNCT
gujaf-41	1	40	federal	federal	ADJ
gujaf-41	1	41	university	university	NOUN
gujaf-41	1	42	gusau	gusau	NOUN
gujaf-41	1	43	,	,	PUNCT
gujaf-41	1	44	zamfara	zamfara	PROPN
gujaf-41	1	45	state	state	PROPN
gujaf-41	1	46	–	–	PUNCT
gujaf-41	1	47	nigeria	nigeria	PROPN
gujaf-41	1	48	gusau	gusau	PROPN
gujaf-41	1	49	journal	journal	PROPN
gujaf-41	1	50	of	of	ADP
gujaf-41	1	51	accounting	accounting	NOUN
gujaf-41	1	52	and	and	CCONJ
gujaf-41	1	53	finance	finance	NOUN
gujaf-41	1	54	,	,	PUNCT
gujaf-41	1	55	vol	vol	NOUN
gujaf-41	1	56	.	.	PUNCT
gujaf-41	2	1	i	i	PRON
gujaf-41	2	2	,	,	PUNCT
gujaf-41	2	3	issue	issue	NOUN
gujaf-41	2	4	2	2	NUM
gujaf-41	2	5	,	,	PUNCT
gujaf-41	2	6	october	october	PROPN
gujaf-41	2	7	,	,	PUNCT
gujaf-41	2	8	2020	2020	NUM
gujaf-41	2	9	1	1	NUM
gujaf-41	2	10	working	working	NOUN
gujaf-41	2	11	capital	capital	NOUN
gujaf-41	2	12	management	management	NOUN
gujaf-41	2	13	and	and	CCONJ
gujaf-41	2	14	the	the	DET
gujaf-41	2	15	financial	financial	ADJ
gujaf-41	2	16	performance	performance	NOUN
gujaf-41	2	17	of	of	ADP
gujaf-41	2	18	listed	list	VERB
gujaf-41	2	19	oil	oil	NOUN
gujaf-41	2	20	and	and	CCONJ
gujaf-41	2	21	gas	gas	NOUN
gujaf-41	2	22	companies	company	NOUN
gujaf-41	2	23	in	in	ADP
gujaf-41	2	24	nigeria	nigeria	PROPN
gujaf-41	2	25	aitimon	aitimon	PROPN
gujaf-41	2	26	joseph	joseph	PROPN
gujaf-41	2	27	department	department	PROPN
gujaf-41	2	28	of	of	ADP
gujaf-41	2	29	accounting	account	VERB
gujaf-41	2	30	ahmadu	ahmadu	PROPN
gujaf-41	2	31	bello	bello	PROPN
gujaf-41	2	32	university	university	PROPN
gujaf-41	2	33	(	(	PUNCT
gujaf-41	2	34	abu	abu	PROPN
gujaf-41	2	35	)	)	PUNCT
gujaf-41	2	36	,	,	PUNCT
gujaf-41	2	37	zaria	zaria	PROPN
gujaf-41	2	38	tel	tel	PROPN
gujaf-41	2	39	:	:	PUNCT
gujaf-41	2	40	08179241220	08179241220	NUM
gujaf-41	2	41	;	;	PUNCT
gujaf-41	2	42	e	e	X
gujaf-41	2	43	-	-	NOUN
gujaf-41	2	44	mail	mail	NOUN
gujaf-41	2	45	:	:	PUNCT
gujaf-41	3	1	aitimonj@gmail.com	aitimonj@gmail.com	X
gujaf-41	3	2	aniche	aniche	PROPN
gujaf-41	3	3	solomon	solomon	PROPN
gujaf-41	3	4	chiemeka	chiemeka	PROPN
gujaf-41	3	5	department	department	PROPN
gujaf-41	3	6	of	of	ADP
gujaf-41	3	7	accounting	accounting	PROPN
gujaf-41	3	8	kaduna	kaduna	PROPN
gujaf-41	3	9	state	state	PROPN
gujaf-41	3	10	university	university	PROPN
gujaf-41	3	11	,	,	PUNCT
gujaf-41	3	12	kaduna	kaduna	PROPN
gujaf-41	3	13	tel	tel	PROPN
gujaf-41	3	14	:	:	PUNCT
gujaf-41	3	15	08068491849	08068491849	NUM
gujaf-41	3	16	;	;	PUNCT
gujaf-41	3	17	email	email	NOUN
gujaf-41	3	18	:	:	PUNCT
gujaf-41	3	19	anichesolomon3@gmail.com	anichesolomon3@gmail.com	X
gujaf-41	3	20	abstract	abstract	ADJ
gujaf-41	3	21	working	work	VERB
gujaf-41	3	22	capital	capital	NOUN
gujaf-41	3	23	is	be	AUX
gujaf-41	3	24	required	require	VERB
gujaf-41	3	25	for	for	ADP
gujaf-41	3	26	steering	steer	VERB
gujaf-41	3	27	the	the	DET
gujaf-41	3	28	day	day	NOUN
gujaf-41	3	29	to	to	ADP
gujaf-41	3	30	day	day	NOUN
gujaf-41	3	31	operations	operation	NOUN
gujaf-41	3	32	of	of	ADP
gujaf-41	3	33	an	an	DET
gujaf-41	3	34	organization	organization	NOUN
gujaf-41	3	35	and	and	CCONJ
gujaf-41	3	36	hence	hence	ADV
gujaf-41	3	37	its	its	PRON
gujaf-41	3	38	importance	importance	NOUN
gujaf-41	3	39	.	.	PUNCT
gujaf-41	4	1	this	this	DET
gujaf-41	4	2	study	study	NOUN
gujaf-41	4	3	examines	examine	VERB
gujaf-41	4	4	the	the	DET
gujaf-41	4	5	impact	impact	NOUN
gujaf-41	4	6	of	of	ADP
gujaf-41	4	7	working	work	VERB
gujaf-41	4	8	capital	capital	NOUN
gujaf-41	4	9	management	management	NOUN
gujaf-41	4	10	on	on	ADP
gujaf-41	4	11	the	the	DET
gujaf-41	4	12	financial	financial	ADJ
gujaf-41	4	13	performance	performance	NOUN
gujaf-41	4	14	of	of	ADP
gujaf-41	4	15	listed	list	VERB
gujaf-41	4	16	oil	oil	NOUN
gujaf-41	4	17	and	and	CCONJ
gujaf-41	4	18	gas	gas	NOUN
gujaf-41	4	19	firms	firm	NOUN
gujaf-41	4	20	in	in	ADP
gujaf-41	4	21	nigeria	nigeria	PROPN
gujaf-41	4	22	.	.	PUNCT
gujaf-41	5	1	the	the	DET
gujaf-41	5	2	study	study	NOUN
gujaf-41	5	3	used	use	VERB
gujaf-41	5	4	secondary	secondary	ADJ
gujaf-41	5	5	data	datum	NOUN
gujaf-41	5	6	only	only	ADV
gujaf-41	5	7	covering	cover	VERB
gujaf-41	5	8	a	a	DET
gujaf-41	5	9	period	period	NOUN
gujaf-41	5	10	of	of	ADP
gujaf-41	5	11	8	8	NUM
gujaf-41	5	12	years	year	NOUN
gujaf-41	5	13	(	(	PUNCT
gujaf-41	5	14	2011	2011	NUM
gujaf-41	5	15	-	-	SYM
gujaf-41	5	16	2018	2018	NUM
gujaf-41	5	17	)	)	PUNCT
gujaf-41	5	18	.	.	PUNCT
gujaf-41	6	1	correlational	correlational	ADJ
gujaf-41	6	2	research	research	NOUN
gujaf-41	6	3	design	design	NOUN
gujaf-41	6	4	was	be	AUX
gujaf-41	6	5	used	use	VERB
gujaf-41	6	6	on	on	ADP
gujaf-41	6	7	a	a	DET
gujaf-41	6	8	sample	sample	NOUN
gujaf-41	6	9	of	of	ADP
gujaf-41	6	10	11	11	NUM
gujaf-41	6	11	oil	oil	NOUN
gujaf-41	6	12	and	and	CCONJ
gujaf-41	6	13	gas	gas	NOUN
gujaf-41	6	14	firms	firm	NOUN
gujaf-41	6	15	.	.	PUNCT
gujaf-41	7	1	the	the	DET
gujaf-41	7	2	study	study	NOUN
gujaf-41	7	3	also	also	ADV
gujaf-41	7	4	employed	employ	VERB
gujaf-41	7	5	the	the	DET
gujaf-41	7	6	robust	robust	ADJ
gujaf-41	7	7	generalized	generalized	ADJ
gujaf-41	7	8	least	least	ADJ
gujaf-41	7	9	squares	square	NOUN
gujaf-41	7	10	(	(	PUNCT
gujaf-41	7	11	gls	gls	NOUN
gujaf-41	7	12	)	)	PUNCT
gujaf-41	7	13	multiple	multiple	ADJ
gujaf-41	7	14	regression	regression	NOUN
gujaf-41	7	15	technique	technique	NOUN
gujaf-41	7	16	for	for	ADP
gujaf-41	7	17	data	datum	NOUN
gujaf-41	7	18	analysis	analysis	NOUN
gujaf-41	7	19	,	,	PUNCT
gujaf-41	7	20	it	it	PRON
gujaf-41	7	21	concluded	conclude	VERB
gujaf-41	7	22	that	that	SCONJ
gujaf-41	7	23	cash	cash	NOUN
gujaf-41	7	24	conversion	conversion	NOUN
gujaf-41	7	25	circle	circle	NOUN
gujaf-41	7	26	,	,	PUNCT
gujaf-41	7	27	and	and	CCONJ
gujaf-41	7	28	average	average	ADJ
gujaf-41	7	29	period	period	NOUN
gujaf-41	7	30	of	of	ADP
gujaf-41	7	31	debt	debt	NOUN
gujaf-41	7	32	settlement	settlement	NOUN
gujaf-41	7	33	are	be	AUX
gujaf-41	7	34	negatively	negatively	ADV
gujaf-41	7	35	and	and	CCONJ
gujaf-41	7	36	strongly	strongly	ADV
gujaf-41	7	37	influencing	influence	VERB
gujaf-41	7	38	return	return	NOUN
gujaf-41	7	39	on	on	ADP
gujaf-41	7	40	asset	asset	NOUN
gujaf-41	7	41	of	of	ADP
gujaf-41	7	42	listed	list	VERB
gujaf-41	7	43	oil	oil	NOUN
gujaf-41	7	44	and	and	CCONJ
gujaf-41	7	45	gas	gas	NOUN
gujaf-41	7	46	firms	firm	NOUN
gujaf-41	7	47	in	in	ADP
gujaf-41	7	48	nigeria	nigeria	PROPN
gujaf-41	7	49	,	,	PUNCT
gujaf-41	7	50	while	while	SCONJ
gujaf-41	7	51	average	average	ADJ
gujaf-41	7	52	collection	collection	NOUN
gujaf-41	7	53	periods	period	NOUN
gujaf-41	7	54	is	be	AUX
gujaf-41	7	55	positively	positively	ADV
gujaf-41	7	56	influencing	influence	VERB
gujaf-41	7	57	the	the	DET
gujaf-41	7	58	return	return	NOUN
gujaf-41	7	59	on	on	ADP
gujaf-41	7	60	asset	asset	NOUN
gujaf-41	7	61	of	of	ADP
gujaf-41	7	62	listed	list	VERB
gujaf-41	7	63	oil	oil	NOUN
gujaf-41	7	64	and	and	CCONJ
gujaf-41	7	65	gas	gas	NOUN
gujaf-41	7	66	firms	firm	NOUN
gujaf-41	7	67	in	in	ADP
gujaf-41	7	68	nigeria	nigeria	PROPN
gujaf-41	7	69	.	.	PUNCT
gujaf-41	8	1	but	but	CCONJ
gujaf-41	8	2	average	average	ADJ
gujaf-41	8	3	period	period	NOUN
gujaf-41	8	4	of	of	ADP
gujaf-41	8	5	inventory	inventory	NOUN
gujaf-41	8	6	retention	retention	NOUN
gujaf-41	8	7	has	have	VERB
gujaf-41	8	8	no	no	DET
gujaf-41	8	9	statistical	statistical	ADJ
gujaf-41	8	10	significant	significant	ADJ
gujaf-41	8	11	positive	positive	ADJ
gujaf-41	8	12	impact	impact	NOUN
gujaf-41	8	13	on	on	ADP
gujaf-41	8	14	the	the	DET
gujaf-41	8	15	return	return	NOUN
gujaf-41	8	16	on	on	ADP
gujaf-41	8	17	asset	asset	NOUN
gujaf-41	8	18	of	of	ADP
gujaf-41	8	19	listed	list	VERB
gujaf-41	8	20	oil	oil	NOUN
gujaf-41	8	21	and	and	CCONJ
gujaf-41	8	22	gas	gas	NOUN
gujaf-41	8	23	firms	firm	NOUN
gujaf-41	8	24	in	in	ADP
gujaf-41	8	25	nigeria	nigeria	PROPN
gujaf-41	8	26	.	.	PUNCT
gujaf-41	9	1	the	the	DET
gujaf-41	9	2	study	study	NOUN
gujaf-41	9	3	therefore	therefore	ADV
gujaf-41	9	4	recommended	recommend	VERB
gujaf-41	9	5	that	that	SCONJ
gujaf-41	9	6	the	the	DET
gujaf-41	9	7	management	management	NOUN
gujaf-41	9	8	of	of	ADP
gujaf-41	9	9	oil	oil	NOUN
gujaf-41	9	10	and	and	CCONJ
gujaf-41	9	11	gas	gas	NOUN
gujaf-41	9	12	firms	firm	NOUN
gujaf-41	9	13	in	in	ADP
gujaf-41	9	14	nigeria	nigeria	PROPN
gujaf-41	9	15	among	among	ADP
gujaf-41	9	16	others	other	NOUN
gujaf-41	9	17	should	should	AUX
gujaf-41	9	18	consider	consider	VERB
gujaf-41	9	19	reducing	reduce	VERB
gujaf-41	9	20	the	the	DET
gujaf-41	9	21	cash	cash	NOUN
gujaf-41	9	22	conversion	conversion	NOUN
gujaf-41	9	23	circle	circle	NOUN
gujaf-41	9	24	so	so	SCONJ
gujaf-41	9	25	as	as	SCONJ
gujaf-41	9	26	to	to	PART
gujaf-41	9	27	increase	increase	VERB
gujaf-41	9	28	their	their	PRON
gujaf-41	9	29	firm	firm	ADJ
gujaf-41	9	30	profitability	profitability	NOUN
gujaf-41	9	31	.	.	PUNCT
gujaf-41	10	1	in	in	ADP
gujaf-41	10	2	addition	addition	NOUN
gujaf-41	10	3	,	,	PUNCT
gujaf-41	10	4	managers	manager	NOUN
gujaf-41	10	5	’	'	PUNCT
gujaf-41	10	6	of	of	ADP
gujaf-41	10	7	oil	oil	NOUN
gujaf-41	10	8	and	and	CCONJ
gujaf-41	10	9	gas	gas	NOUN
gujaf-41	10	10	firms	firm	NOUN
gujaf-41	10	11	should	should	AUX
gujaf-41	10	12	encourage	encourage	VERB
gujaf-41	10	13	larger	large	ADJ
gujaf-41	10	14	sales	sale	NOUN
gujaf-41	10	15	turnover	turnover	NOUN
gujaf-41	10	16	and	and	CCONJ
gujaf-41	10	17	volume	volume	NOUN
gujaf-41	10	18	by	by	ADP
gujaf-41	10	19	allowing	allow	VERB
gujaf-41	10	20	their	their	PRON
gujaf-41	10	21	customers	customer	NOUN
gujaf-41	10	22	’	'	PUNCT
gujaf-41	10	23	shorter	short	ADJ
gujaf-41	10	24	periods	period	NOUN
gujaf-41	10	25	of	of	ADP
gujaf-41	10	26	account	account	NOUN
gujaf-41	10	27	collections	collection	NOUN
gujaf-41	10	28	through	through	ADP
gujaf-41	10	29	granting	grant	VERB
gujaf-41	10	30	of	of	ADP
gujaf-41	10	31	prompt	prompt	ADJ
gujaf-41	10	32	sales	sale	NOUN
gujaf-41	10	33	cash	cash	NOUN
gujaf-41	10	34	discounts	discount	NOUN
gujaf-41	10	35	.	.	PUNCT
gujaf-41	11	1	the	the	DET
gujaf-41	11	2	policy	policy	NOUN
gujaf-41	11	3	implication	implication	NOUN
gujaf-41	11	4	from	from	ADP
gujaf-41	11	5	the	the	DET
gujaf-41	11	6	finding	finding	NOUN
gujaf-41	11	7	is	be	AUX
gujaf-41	11	8	that	that	SCONJ
gujaf-41	11	9	,	,	PUNCT
gujaf-41	11	10	management	management	NOUN
gujaf-41	11	11	of	of	ADP
gujaf-41	11	12	listed	list	VERB
gujaf-41	11	13	oil	oil	NOUN
gujaf-41	11	14	and	and	CCONJ
gujaf-41	11	15	gas	gas	NOUN
gujaf-41	11	16	firms	firm	NOUN
gujaf-41	11	17	in	in	ADP
gujaf-41	11	18	nigeria	nigeria	PROPN
gujaf-41	11	19	must	must	AUX
gujaf-41	11	20	embrace	embrace	VERB
gujaf-41	11	21	a	a	DET
gujaf-41	11	22	more	more	ADV
gujaf-41	11	23	flexible	flexible	ADJ
gujaf-41	11	24	trade	trade	NOUN
gujaf-41	11	25	credit	credit	NOUN
gujaf-41	11	26	policy	policy	NOUN
gujaf-41	11	27	from	from	ADP
gujaf-41	11	28	suppliers	supplier	NOUN
gujaf-41	11	29	with	with	ADP
gujaf-41	11	30	elongated	elongate	VERB
gujaf-41	11	31	time	time	NOUN
gujaf-41	11	32	to	to	PART
gujaf-41	11	33	make	make	VERB
gujaf-41	11	34	payments	payment	NOUN
gujaf-41	11	35	for	for	ADP
gujaf-41	11	36	the	the	DET
gujaf-41	11	37	profitability	profitability	NOUN
gujaf-41	11	38	of	of	ADP
gujaf-41	11	39	their	their	PRON
gujaf-41	11	40	firms	firm	NOUN
gujaf-41	11	41	to	to	PART
gujaf-41	11	42	improve	improve	VERB
gujaf-41	11	43	.	.	PUNCT
gujaf-41	12	1	keywords	keyword	NOUN
gujaf-41	12	2	:	:	PUNCT
gujaf-41	12	3	working	work	VERB
gujaf-41	12	4	capital	capital	NOUN
gujaf-41	12	5	management	management	NOUN
gujaf-41	12	6	,	,	PUNCT
gujaf-41	12	7	return	return	VERB
gujaf-41	12	8	on	on	ADP
gujaf-41	12	9	asset	asset	NOUN
gujaf-41	12	10	,	,	PUNCT
gujaf-41	12	11	oil	oil	NOUN
gujaf-41	12	12	and	and	CCONJ
gujaf-41	12	13	gas	gas	NOUN
gujaf-41	12	14	firms	firm	NOUN
gujaf-41	12	15	1	1	NUM
gujaf-41	12	16	.	.	PUNCT
gujaf-41	13	1	introduction	introduction	NOUN
gujaf-41	13	2	working	work	VERB
gujaf-41	13	3	capital	capital	NOUN
gujaf-41	13	4	connotes	connote	VERB
gujaf-41	13	5	the	the	DET
gujaf-41	13	6	funds	fund	NOUN
gujaf-41	13	7	lock	lock	VERB
gujaf-41	13	8	up	up	ADP
gujaf-41	13	9	in	in	ADP
gujaf-41	13	10	materials	material	NOUN
gujaf-41	13	11	,	,	PUNCT
gujaf-41	13	12	work	work	NOUN
gujaf-41	13	13	in	in	ADP
gujaf-41	13	14	progress	progress	NOUN
gujaf-41	13	15	,	,	PUNCT
gujaf-41	13	16	finished	finished	ADJ
gujaf-41	13	17	goods	good	NOUN
gujaf-41	13	18	,	,	PUNCT
gujaf-41	13	19	receivables	receivables	NOUN
gujaf-41	13	20	,	,	PUNCT
gujaf-41	13	21	and	and	CCONJ
gujaf-41	13	22	cash	cash	NOUN
gujaf-41	13	23	.	.	PUNCT
gujaf-41	14	1	working	work	VERB
gujaf-41	14	2	capital	capital	NOUN
gujaf-41	14	3	means	mean	VERB
gujaf-41	14	4	the	the	DET
gujaf-41	14	5	amount	amount	NOUN
gujaf-41	14	6	by	by	ADP
gujaf-41	14	7	which	which	PRON
gujaf-41	14	8	total	total	ADJ
gujaf-41	14	9	current	current	ADJ
gujaf-41	14	10	assets	asset	NOUN
gujaf-41	14	11	exceed	exceed	VERB
gujaf-41	14	12	current	current	ADJ
gujaf-41	14	13	liabilities	liability	NOUN
gujaf-41	14	14	and	and	CCONJ
gujaf-41	14	15	is	be	AUX
gujaf-41	14	16	affected	affect	VERB
gujaf-41	14	17	by	by	ADP
gujaf-41	14	18	current	current	ADJ
gujaf-41	14	19	mailto:aitimonj@gmail.com	mailto:aitimonj@gmail.com	PROPN
gujaf-41	14	20	gusau	gusau	PROPN
gujaf-41	14	21	journal	journal	PROPN
gujaf-41	14	22	of	of	ADP
gujaf-41	14	23	accounting	accounting	NOUN
gujaf-41	14	24	and	and	CCONJ
gujaf-41	14	25	finance	finance	NOUN
gujaf-41	14	26	,	,	PUNCT
gujaf-41	14	27	vol	vol	NOUN
gujaf-41	14	28	.	.	PUNCT
gujaf-41	15	1	i	i	PRON
gujaf-41	15	2	,	,	PUNCT
gujaf-41	15	3	issue	issue	NOUN
gujaf-41	15	4	2	2	NUM
gujaf-41	15	5	,	,	PUNCT
gujaf-41	15	6	october	october	PROPN
gujaf-41	15	7	,	,	PUNCT
gujaf-41	15	8	2020	2020	NUM
gujaf-41	15	9	2	2	NUM
gujaf-41	15	10	assets	asset	NOUN
gujaf-41	15	11	such	such	ADJ
gujaf-41	15	12	as	as	ADP
gujaf-41	15	13	cash	cash	NOUN
gujaf-41	15	14	,	,	PUNCT
gujaf-41	15	15	stock	stock	NOUN
gujaf-41	15	16	,	,	PUNCT
gujaf-41	15	17	bank	bank	NOUN
gujaf-41	15	18	balance	balance	NOUN
gujaf-41	15	19	,	,	PUNCT
gujaf-41	15	20	and	and	CCONJ
gujaf-41	15	21	prepayments	prepayment	NOUN
gujaf-41	15	22	as	as	ADV
gujaf-41	15	23	well	well	ADV
gujaf-41	15	24	as	as	ADP
gujaf-41	15	25	current	current	ADJ
gujaf-41	15	26	liabilities	liability	NOUN
gujaf-41	15	27	,	,	PUNCT
gujaf-41	15	28	including	include	VERB
gujaf-41	15	29	creditors	creditor	NOUN
gujaf-41	15	30	and	and	CCONJ
gujaf-41	15	31	accruals	accrual	NOUN
gujaf-41	15	32	.	.	PUNCT
gujaf-41	16	1	therefore	therefore	ADV
gujaf-41	16	2	,	,	PUNCT
gujaf-41	16	3	working	working	NOUN
gujaf-41	16	4	capital	capital	NOUN
gujaf-41	16	5	is	be	AUX
gujaf-41	16	6	one	one	NUM
gujaf-41	16	7	of	of	ADP
gujaf-41	16	8	the	the	DET
gujaf-41	16	9	most	most	ADV
gujaf-41	16	10	important	important	ADJ
gujaf-41	16	11	measurements	measurement	NOUN
gujaf-41	16	12	of	of	ADP
gujaf-41	16	13	the	the	DET
gujaf-41	16	14	financial	financial	ADJ
gujaf-41	16	15	position	position	NOUN
gujaf-41	16	16	.	.	PUNCT
gujaf-41	17	1	this	this	PRON
gujaf-41	17	2	necessitates	necessitate	VERB
gujaf-41	17	3	the	the	DET
gujaf-41	17	4	need	need	NOUN
gujaf-41	17	5	for	for	ADP
gujaf-41	17	6	the	the	DET
gujaf-41	17	7	careful	careful	ADJ
gujaf-41	17	8	management	management	NOUN
gujaf-41	17	9	of	of	ADP
gujaf-41	17	10	working	work	VERB
gujaf-41	17	11	capital	capital	NOUN
gujaf-41	17	12	in	in	ADP
gujaf-41	17	13	every	every	DET
gujaf-41	17	14	business	business	NOUN
gujaf-41	17	15	organization	organization	NOUN
gujaf-41	17	16	with	with	ADP
gujaf-41	17	17	the	the	DET
gujaf-41	17	18	value	value	NOUN
gujaf-41	17	19	maximization	maximization	NOUN
gujaf-41	17	20	objective	objective	NOUN
gujaf-41	17	21	in	in	ADP
gujaf-41	17	22	mind	mind	NOUN
gujaf-41	17	23	.	.	PUNCT
gujaf-41	18	1	this	this	PRON
gujaf-41	18	2	is	be	AUX
gujaf-41	18	3	because	because	SCONJ
gujaf-41	18	4	,	,	PUNCT
gujaf-41	18	5	the	the	DET
gujaf-41	18	6	main	main	ADJ
gujaf-41	18	7	objective	objective	NOUN
gujaf-41	18	8	of	of	ADP
gujaf-41	18	9	any	any	DET
gujaf-41	18	10	given	give	VERB
gujaf-41	18	11	firm	firm	NOUN
gujaf-41	18	12	is	be	AUX
gujaf-41	18	13	to	to	PART
gujaf-41	18	14	maximize	maximize	VERB
gujaf-41	18	15	shareholder	shareholder	NOUN
gujaf-41	18	16	's	's	PART
gujaf-41	18	17	wealth	wealth	NOUN
gujaf-41	18	18	and	and	CCONJ
gujaf-41	18	19	this	this	PRON
gujaf-41	18	20	can	can	AUX
gujaf-41	18	21	be	be	AUX
gujaf-41	18	22	achieved	achieve	VERB
gujaf-41	18	23	by	by	ADP
gujaf-41	18	24	maximizing	maximize	VERB
gujaf-41	18	25	the	the	DET
gujaf-41	18	26	profit	profit	NOUN
gujaf-41	18	27	of	of	ADP
gujaf-41	18	28	a	a	DET
gujaf-41	18	29	firm	firm	NOUN
gujaf-41	18	30	(	(	PUNCT
gujaf-41	18	31	owolabi	owolabi	NOUN
gujaf-41	18	32	&	&	CCONJ
gujaf-41	18	33	alu	alu	NOUN
gujaf-41	18	34	,	,	PUNCT
gujaf-41	18	35	2012	2012	NUM
gujaf-41	18	36	)	)	PUNCT
gujaf-41	18	37	.	.	PUNCT
gujaf-41	19	1	rehn	rehn	PROPN
gujaf-41	19	2	(	(	PUNCT
gujaf-41	19	3	2012	2012	NUM
gujaf-41	19	4	)	)	PUNCT
gujaf-41	19	5	asserts	assert	VERB
gujaf-41	19	6	that	that	SCONJ
gujaf-41	19	7	working	work	VERB
gujaf-41	19	8	capital	capital	NOUN
gujaf-41	19	9	usually	usually	ADV
gujaf-41	19	10	refers	refer	VERB
gujaf-41	19	11	to	to	ADP
gujaf-41	19	12	net	net	ADJ
gujaf-41	19	13	working	working	NOUN
gujaf-41	19	14	capital	capital	NOUN
gujaf-41	19	15	,	,	PUNCT
gujaf-41	19	16	the	the	DET
gujaf-41	19	17	difference	difference	NOUN
gujaf-41	19	18	between	between	ADP
gujaf-41	19	19	current	current	ADJ
gujaf-41	19	20	assets	asset	NOUN
gujaf-41	19	21	and	and	CCONJ
gujaf-41	19	22	current	current	ADJ
gujaf-41	19	23	liabilities	liability	NOUN
gujaf-41	19	24	.	.	PUNCT
gujaf-41	20	1	thus	thus	ADV
gujaf-41	20	2	,	,	PUNCT
gujaf-41	20	3	it	it	PRON
gujaf-41	20	4	involves	involve	VERB
gujaf-41	20	5	minimizing	minimize	VERB
gujaf-41	20	6	the	the	DET
gujaf-41	20	7	timing	timing	NOUN
gujaf-41	20	8	of	of	ADP
gujaf-41	20	9	collecting	collect	VERB
gujaf-41	20	10	receivables	receivable	NOUN
gujaf-41	20	11	,	,	PUNCT
gujaf-41	20	12	deferring	defer	VERB
gujaf-41	20	13	the	the	DET
gujaf-41	20	14	period	period	NOUN
gujaf-41	20	15	of	of	ADP
gujaf-41	20	16	payables	payable	NOUN
gujaf-41	20	17	,	,	PUNCT
gujaf-41	20	18	and	and	CCONJ
gujaf-41	20	19	keeping	keep	VERB
gujaf-41	20	20	the	the	DET
gujaf-41	20	21	minimal	minimal	ADJ
gujaf-41	20	22	inventory	inventory	NOUN
gujaf-41	20	23	.	.	PUNCT
gujaf-41	21	1	moreover	moreover	ADV
gujaf-41	21	2	,	,	PUNCT
gujaf-41	21	3	working	work	VERB
gujaf-41	21	4	capital	capital	NOUN
gujaf-41	21	5	management	management	NOUN
gujaf-41	21	6	includes	include	VERB
gujaf-41	21	7	cash	cash	NOUN
gujaf-41	21	8	management	management	NOUN
gujaf-41	21	9	,	,	PUNCT
gujaf-41	21	10	that	that	ADV
gujaf-41	21	11	is	is	ADV
gujaf-41	21	12	,	,	PUNCT
gujaf-41	21	13	how	how	SCONJ
gujaf-41	21	14	to	to	PART
gujaf-41	21	15	invest	invest	VERB
gujaf-41	21	16	idle	idle	ADJ
gujaf-41	21	17	cash	cash	NOUN
gujaf-41	21	18	without	without	ADP
gujaf-41	21	19	compromising	compromise	VERB
gujaf-41	21	20	liquidity	liquidity	NOUN
gujaf-41	21	21	.	.	PUNCT
gujaf-41	22	1	working	work	VERB
gujaf-41	22	2	capital	capital	NOUN
gujaf-41	22	3	management	management	NOUN
gujaf-41	22	4	is	be	AUX
gujaf-41	22	5	considered	consider	VERB
gujaf-41	22	6	a	a	DET
gujaf-41	22	7	very	very	ADV
gujaf-41	22	8	sensitive	sensitive	ADJ
gujaf-41	22	9	area	area	NOUN
gujaf-41	22	10	in	in	ADP
gujaf-41	22	11	the	the	DET
gujaf-41	22	12	field	field	NOUN
gujaf-41	22	13	of	of	ADP
gujaf-41	22	14	financial	financial	ADJ
gujaf-41	22	15	management	management	NOUN
gujaf-41	22	16	;	;	PUNCT
gujaf-41	22	17	because	because	SCONJ
gujaf-41	22	18	it	it	PRON
gujaf-41	22	19	involves	involve	VERB
gujaf-41	22	20	the	the	DET
gujaf-41	22	21	decision	decision	NOUN
gujaf-41	22	22	of	of	ADP
gujaf-41	22	23	the	the	DET
gujaf-41	22	24	amount	amount	NOUN
gujaf-41	22	25	and	and	CCONJ
gujaf-41	22	26	composition	composition	NOUN
gujaf-41	22	27	of	of	ADP
gujaf-41	22	28	current	current	ADJ
gujaf-41	22	29	assets	asset	NOUN
gujaf-41	22	30	and	and	CCONJ
gujaf-41	22	31	the	the	DET
gujaf-41	22	32	financing	financing	NOUN
gujaf-41	22	33	of	of	ADP
gujaf-41	22	34	these	these	DET
gujaf-41	22	35	assets	asset	NOUN
gujaf-41	22	36	.	.	PUNCT
gujaf-41	23	1	however	however	ADV
gujaf-41	23	2	,	,	PUNCT
gujaf-41	23	3	most	most	ADJ
gujaf-41	23	4	firms	firm	NOUN
gujaf-41	23	5	do	do	AUX
gujaf-41	23	6	not	not	PART
gujaf-41	23	7	hold	hold	VERB
gujaf-41	23	8	the	the	DET
gujaf-41	23	9	correct	correct	ADJ
gujaf-41	23	10	amount	amount	NOUN
gujaf-41	23	11	of	of	ADP
gujaf-41	23	12	working	work	VERB
gujaf-41	23	13	capital	capital	NOUN
gujaf-41	23	14	and	and	CCONJ
gujaf-41	23	15	this	this	PRON
gujaf-41	23	16	has	have	AUX
gujaf-41	23	17	been	be	AUX
gujaf-41	23	18	a	a	DET
gujaf-41	23	19	major	major	ADJ
gujaf-41	23	20	obstacle	obstacle	NOUN
gujaf-41	23	21	to	to	ADP
gujaf-41	23	22	their	their	PRON
gujaf-41	23	23	overall	overall	ADJ
gujaf-41	23	24	performance	performance	NOUN
gujaf-41	23	25	(	(	PUNCT
gujaf-41	23	26	stephen	stephen	NOUN
gujaf-41	23	27	,	,	PUNCT
gujaf-41	23	28	2012	2012	NUM
gujaf-41	23	29	)	)	PUNCT
gujaf-41	23	30	.	.	PUNCT
gujaf-41	24	1	therefore	therefore	ADV
gujaf-41	24	2	,	,	PUNCT
gujaf-41	24	3	a	a	DET
gujaf-41	24	4	firm	firm	NOUN
gujaf-41	24	5	is	be	AUX
gujaf-41	24	6	required	require	VERB
gujaf-41	24	7	to	to	PART
gujaf-41	24	8	strike	strike	VERB
gujaf-41	24	9	a	a	DET
gujaf-41	24	10	balance	balance	NOUN
gujaf-41	24	11	between	between	ADP
gujaf-41	24	12	profitability	profitability	NOUN
gujaf-41	24	13	and	and	CCONJ
gujaf-41	24	14	liquidity	liquidity	NOUN
gujaf-41	24	15	while	while	SCONJ
gujaf-41	24	16	steering	steer	VERB
gujaf-41	24	17	its	its	PRON
gujaf-41	24	18	day	day	NOUN
gujaf-41	24	19	to	to	ADP
gujaf-41	24	20	day	day	NOUN
gujaf-41	24	21	operations	operation	NOUN
gujaf-41	24	22	(	(	PUNCT
gujaf-41	24	23	hoang	hoang	PROPN
gujaf-41	24	24	,	,	PUNCT
gujaf-41	24	25	2015	2015	NUM
gujaf-41	24	26	)	)	PUNCT
gujaf-41	24	27	.	.	PUNCT
gujaf-41	25	1	however	however	ADV
gujaf-41	25	2	,	,	PUNCT
gujaf-41	25	3	optimum	optimum	ADJ
gujaf-41	25	4	liquidity	liquidity	NOUN
gujaf-41	25	5	position	position	NOUN
gujaf-41	25	6	is	be	AUX
gujaf-41	25	7	usually	usually	ADV
gujaf-41	25	8	accomplished	accomplish	VERB
gujaf-41	25	9	through	through	ADP
gujaf-41	25	10	the	the	DET
gujaf-41	25	11	management	management	NOUN
gujaf-41	25	12	of	of	ADP
gujaf-41	25	13	cash	cash	NOUN
gujaf-41	25	14	conversion	conversion	NOUN
gujaf-41	25	15	cycle	cycle	NOUN
gujaf-41	25	16	,	,	PUNCT
gujaf-41	25	17	average	average	ADJ
gujaf-41	25	18	period	period	NOUN
gujaf-41	25	19	of	of	ADP
gujaf-41	25	20	debt	debt	NOUN
gujaf-41	25	21	settlement	settlement	NOUN
gujaf-41	25	22	,	,	PUNCT
gujaf-41	25	23	average	average	ADJ
gujaf-41	25	24	period	period	NOUN
gujaf-41	25	25	of	of	ADP
gujaf-41	25	26	collection	collection	NOUN
gujaf-41	25	27	of	of	ADP
gujaf-41	25	28	receivables	receivables	NOUN
gujaf-41	25	29	and	and	CCONJ
gujaf-41	25	30	inventory	inventory	NOUN
gujaf-41	25	31	retention	retention	NOUN
gujaf-41	25	32	as	as	ADP
gujaf-41	25	33	a	a	DET
gujaf-41	25	34	whole	whole	NOUN
gujaf-41	25	35	.	.	PUNCT
gujaf-41	26	1	cash	cash	NOUN
gujaf-41	26	2	conversion	conversion	NOUN
gujaf-41	26	3	cycle	cycle	NOUN
gujaf-41	26	4	is	be	AUX
gujaf-41	26	5	used	use	VERB
gujaf-41	26	6	in	in	ADP
gujaf-41	26	7	measuring	measure	VERB
gujaf-41	26	8	cash	cash	NOUN
gujaf-41	26	9	management	management	NOUN
gujaf-41	26	10	,	,	PUNCT
gujaf-41	26	11	and	and	CCONJ
gujaf-41	26	12	it	it	PRON
gujaf-41	26	13	denotes	denote	VERB
gujaf-41	26	14	the	the	DET
gujaf-41	26	15	interface	interface	NOUN
gujaf-41	26	16	between	between	ADP
gujaf-41	26	17	the	the	DET
gujaf-41	26	18	various	various	ADJ
gujaf-41	26	19	links	link	NOUN
gujaf-41	26	20	of	of	ADP
gujaf-41	26	21	liquidity	liquidity	NOUN
gujaf-41	26	22	and	and	CCONJ
gujaf-41	26	23	the	the	DET
gujaf-41	26	24	movement	movement	NOUN
gujaf-41	26	25	of	of	ADP
gujaf-41	26	26	cash	cash	NOUN
gujaf-41	26	27	within	within	ADP
gujaf-41	26	28	a	a	DET
gujaf-41	26	29	company	company	NOUN
gujaf-41	26	30	(	(	PUNCT
gujaf-41	26	31	wang	wang	PROPN
gujaf-41	26	32	,	,	PUNCT
gujaf-41	26	33	2002	2002	NUM
gujaf-41	26	34	)	)	PUNCT
gujaf-41	26	35	.	.	PUNCT
gujaf-41	27	1	similarly	similarly	ADV
gujaf-41	27	2	,	,	PUNCT
gujaf-41	27	3	it	it	PRON
gujaf-41	27	4	can	can	AUX
gujaf-41	27	5	also	also	ADV
gujaf-41	27	6	be	be	AUX
gujaf-41	27	7	used	use	VERB
gujaf-41	27	8	to	to	PART
gujaf-41	27	9	determine	determine	VERB
gujaf-41	27	10	the	the	DET
gujaf-41	27	11	amount	amount	NOUN
gujaf-41	27	12	of	of	ADP
gujaf-41	27	13	cash	cash	NOUN
gujaf-41	27	14	needed	need	VERB
gujaf-41	27	15	for	for	ADP
gujaf-41	27	16	any	any	DET
gujaf-41	27	17	sales	sale	NOUN
gujaf-41	27	18	level	level	NOUN
gujaf-41	27	19	;	;	PUNCT
gujaf-41	27	20	it	it	PRON
gujaf-41	27	21	is	be	AUX
gujaf-41	27	22	therefore	therefore	ADV
gujaf-41	27	23	a	a	DET
gujaf-41	27	24	period	period	NOUN
gujaf-41	27	25	of	of	ADP
gujaf-41	27	26	time	time	NOUN
gujaf-41	27	27	between	between	ADP
gujaf-41	27	28	the	the	DET
gujaf-41	27	29	outflow	outflow	NOUN
gujaf-41	27	30	of	of	ADP
gujaf-41	27	31	cash	cash	NOUN
gujaf-41	27	32	on	on	ADP
gujaf-41	27	33	raw	raw	ADJ
gujaf-41	27	34	materials	material	NOUN
gujaf-41	27	35	and	and	CCONJ
gujaf-41	27	36	the	the	DET
gujaf-41	27	37	inflow	inflow	NOUN
gujaf-41	27	38	of	of	ADP
gujaf-41	27	39	cash	cash	NOUN
gujaf-41	27	40	from	from	ADP
gujaf-41	27	41	the	the	DET
gujaf-41	27	42	sale	sale	NOUN
gujaf-41	27	43	of	of	ADP
gujaf-41	27	44	finished	finished	ADJ
gujaf-41	27	45	goods	good	NOUN
gujaf-41	27	46	.	.	PUNCT
gujaf-41	28	1	average	average	ADJ
gujaf-41	28	2	period	period	NOUN
gujaf-41	28	3	of	of	ADP
gujaf-41	28	4	collection	collection	NOUN
gujaf-41	28	5	of	of	ADP
gujaf-41	28	6	receivables	receivables	NOUN
gujaf-41	28	7	management	management	NOUN
gujaf-41	28	8	involves	involve	VERB
gujaf-41	28	9	achieving	achieve	VERB
gujaf-41	28	10	an	an	DET
gujaf-41	28	11	ideal	ideal	ADJ
gujaf-41	28	12	average	average	ADJ
gujaf-41	28	13	time	time	NOUN
gujaf-41	28	14	taken	take	VERB
gujaf-41	28	15	by	by	ADP
gujaf-41	28	16	credit	credit	NOUN
gujaf-41	28	17	customers	customer	NOUN
gujaf-41	28	18	to	to	PART
gujaf-41	28	19	make	make	VERB
gujaf-41	28	20	good	good	ADJ
gujaf-41	28	21	their	their	PRON
gujaf-41	28	22	accounts	account	NOUN
gujaf-41	28	23	(	(	PUNCT
gujaf-41	28	24	van	van	PROPN
gujaf-41	28	25	horne	horne	PROPN
gujaf-41	28	26	,	,	PUNCT
gujaf-41	28	27	1995	1995	NUM
gujaf-41	28	28	)	)	PUNCT
gujaf-41	28	29	.	.	PUNCT
gujaf-41	29	1	moreover	moreover	ADV
gujaf-41	29	2	,	,	PUNCT
gujaf-41	29	3	since	since	SCONJ
gujaf-41	29	4	the	the	DET
gujaf-41	29	5	purpose	purpose	NOUN
gujaf-41	29	6	of	of	ADP
gujaf-41	29	7	extending	extend	VERB
gujaf-41	29	8	credit	credit	NOUN
gujaf-41	29	9	is	be	AUX
gujaf-41	29	10	to	to	PART
gujaf-41	29	11	increase	increase	VERB
gujaf-41	29	12	profitability	profitability	NOUN
gujaf-41	29	13	,	,	PUNCT
gujaf-41	29	14	the	the	DET
gujaf-41	29	15	costs	cost	NOUN
gujaf-41	29	16	of	of	ADP
gujaf-41	29	17	debt	debt	NOUN
gujaf-41	29	18	collection	collection	NOUN
gujaf-41	29	19	should	should	AUX
gujaf-41	29	20	not	not	PART
gujaf-41	29	21	be	be	AUX
gujaf-41	29	22	allowed	allow	VERB
gujaf-41	29	23	to	to	PART
gujaf-41	29	24	surpass	surpass	VERB
gujaf-41	29	25	the	the	DET
gujaf-41	29	26	amounts	amount	NOUN
gujaf-41	29	27	recovered	recover	VERB
gujaf-41	29	28	.	.	PUNCT
gujaf-41	30	1	on	on	ADP
gujaf-41	30	2	the	the	DET
gujaf-41	30	3	other	other	ADJ
gujaf-41	30	4	hand	hand	NOUN
gujaf-41	30	5	,	,	PUNCT
gujaf-41	30	6	average	average	ADJ
gujaf-41	30	7	period	period	NOUN
gujaf-41	30	8	of	of	ADP
gujaf-41	30	9	debt	debt	NOUN
gujaf-41	30	10	settlement	settlement	NOUN
gujaf-41	30	11	gusau	gusau	PROPN
gujaf-41	30	12	journal	journal	NOUN
gujaf-41	30	13	of	of	ADP
gujaf-41	30	14	accounting	accounting	NOUN
gujaf-41	30	15	and	and	CCONJ
gujaf-41	30	16	finance	finance	NOUN
gujaf-41	30	17	,	,	PUNCT
gujaf-41	30	18	vol	vol	NOUN
gujaf-41	30	19	.	.	PUNCT
gujaf-41	31	1	i	i	PRON
gujaf-41	31	2	,	,	PUNCT
gujaf-41	31	3	issue	issue	NOUN
gujaf-41	31	4	2	2	NUM
gujaf-41	31	5	,	,	PUNCT
gujaf-41	31	6	october	october	PROPN
gujaf-41	31	7	,	,	PUNCT
gujaf-41	31	8	2020	2020	NUM
gujaf-41	31	9	3	3	NUM
gujaf-41	31	10	management	management	NOUN
gujaf-41	31	11	emphases	emphasis	NOUN
gujaf-41	31	12	on	on	ADP
gujaf-41	31	13	the	the	DET
gujaf-41	31	14	average	average	ADJ
gujaf-41	31	15	time	time	NOUN
gujaf-41	31	16	taken	take	VERB
gujaf-41	31	17	by	by	ADP
gujaf-41	31	18	an	an	DET
gujaf-41	31	19	enterprise	enterprise	NOUN
gujaf-41	31	20	to	to	PART
gujaf-41	31	21	settle	settle	VERB
gujaf-41	31	22	its	its	PRON
gujaf-41	31	23	trade	trade	NOUN
gujaf-41	31	24	payables	payable	NOUN
gujaf-41	31	25	;	;	PUNCT
gujaf-41	31	26	it	it	PRON
gujaf-41	31	27	is	be	AUX
gujaf-41	31	28	short	short	ADJ
gujaf-41	31	29	term	term	NOUN
gujaf-41	31	30	liabilities	liability	NOUN
gujaf-41	31	31	and	and	CCONJ
gujaf-41	31	32	all	all	DET
gujaf-41	31	33	obligations	obligation	NOUN
gujaf-41	31	34	,	,	PUNCT
gujaf-41	31	35	which	which	PRON
gujaf-41	31	36	mature	mature	VERB
gujaf-41	31	37	within	within	ADP
gujaf-41	31	38	a	a	DET
gujaf-41	31	39	year	year	NOUN
gujaf-41	31	40	such	such	ADJ
gujaf-41	31	41	as	as	ADP
gujaf-41	31	42	income	income	NOUN
gujaf-41	31	43	tax	tax	NOUN
gujaf-41	31	44	liability	liability	NOUN
gujaf-41	31	45	,	,	PUNCT
gujaf-41	31	46	creditors	creditor	NOUN
gujaf-41	31	47	,	,	PUNCT
gujaf-41	31	48	accrued	accrue	VERB
gujaf-41	31	49	expenses	expense	NOUN
gujaf-41	31	50	,	,	PUNCT
gujaf-41	31	51	bills	bill	NOUN
gujaf-41	31	52	payable	payable	ADJ
gujaf-41	31	53	,	,	PUNCT
gujaf-41	31	54	short	short	ADJ
gujaf-41	31	55	-	-	PUNCT
gujaf-41	31	56	term	term	NOUN
gujaf-41	31	57	bank	bank	NOUN
gujaf-41	31	58	loans	loan	NOUN
gujaf-41	31	59	,	,	PUNCT
gujaf-41	31	60	and	and	CCONJ
gujaf-41	31	61	bank	bank	NOUN
gujaf-41	31	62	overdraft	overdraft	NOUN
gujaf-41	31	63	,	,	PUNCT
gujaf-41	31	64	all	all	PRON
gujaf-41	31	65	of	of	ADP
gujaf-41	31	66	which	which	PRON
gujaf-41	31	67	quickly	quickly	ADV
gujaf-41	31	68	mature	mature	VERB
gujaf-41	31	69	in	in	ADP
gujaf-41	31	70	the	the	DET
gujaf-41	31	71	current	current	ADJ
gujaf-41	31	72	year	year	NOUN
gujaf-41	31	73	(	(	PUNCT
gujaf-41	31	74	uyar	uyar	NOUN
gujaf-41	31	75	,	,	PUNCT
gujaf-41	31	76	2009	2009	NUM
gujaf-41	31	77	)	)	PUNCT
gujaf-41	31	78	.	.	PUNCT
gujaf-41	32	1	and	and	CCONJ
gujaf-41	32	2	lastly	lastly	ADV
gujaf-41	32	3	,	,	PUNCT
gujaf-41	32	4	falope	falope	NOUN
gujaf-41	32	5	and	and	CCONJ
gujaf-41	32	6	ajilore	ajilore	NOUN
gujaf-41	32	7	(	(	PUNCT
gujaf-41	32	8	2009	2009	NUM
gujaf-41	32	9	)	)	PUNCT
gujaf-41	32	10	stated	state	VERB
gujaf-41	32	11	that	that	SCONJ
gujaf-41	32	12	inventory	inventory	NOUN
gujaf-41	32	13	retention	retention	NOUN
gujaf-41	32	14	management	management	NOUN
gujaf-41	32	15	for	for	ADP
gujaf-41	32	16	purchasing	purchasing	NOUN
gujaf-41	32	17	,	,	PUNCT
gujaf-41	32	18	production	production	NOUN
gujaf-41	32	19	and	and	CCONJ
gujaf-41	32	20	marketing	marketing	NOUN
gujaf-41	32	21	of	of	ADP
gujaf-41	32	22	stock	stock	NOUN
gujaf-41	32	23	should	should	AUX
gujaf-41	32	24	reduce	reduce	VERB
gujaf-41	32	25	the	the	DET
gujaf-41	32	26	total	total	ADJ
gujaf-41	32	27	costs	cost	NOUN
gujaf-41	32	28	of	of	ADP
gujaf-41	32	29	carrying	carry	VERB
gujaf-41	32	30	,	,	PUNCT
gujaf-41	32	31	handling	handling	NOUN
gujaf-41	32	32	and	and	CCONJ
gujaf-41	32	33	funding	funding	NOUN
gujaf-41	32	34	inventory	inventory	NOUN
gujaf-41	32	35	.	.	PUNCT
gujaf-41	33	1	the	the	DET
gujaf-41	33	2	way	way	NOUN
gujaf-41	33	3	in	in	ADP
gujaf-41	33	4	which	which	PRON
gujaf-41	33	5	inventory	inventory	NOUN
gujaf-41	33	6	is	be	AUX
gujaf-41	33	7	managed	manage	VERB
gujaf-41	33	8	affects	affect	VERB
gujaf-41	33	9	the	the	DET
gujaf-41	33	10	levels	level	NOUN
gujaf-41	33	11	of	of	ADP
gujaf-41	33	12	raw	raw	ADJ
gujaf-41	33	13	materials	material	NOUN
gujaf-41	33	14	,	,	PUNCT
gujaf-41	33	15	work	work	NOUN
gujaf-41	33	16	in	in	ADP
gujaf-41	33	17	progress	progress	NOUN
gujaf-41	33	18	and	and	CCONJ
gujaf-41	33	19	finished	finish	VERB
gujaf-41	33	20	goods	good	NOUN
gujaf-41	33	21	required	require	VERB
gujaf-41	33	22	to	to	PART
gujaf-41	33	23	sustain	sustain	VERB
gujaf-41	33	24	efficient	efficient	ADJ
gujaf-41	33	25	operations	operation	NOUN
gujaf-41	33	26	and	and	CCONJ
gujaf-41	33	27	sales	sale	NOUN
gujaf-41	33	28	.	.	PUNCT
gujaf-41	34	1	this	this	DET
gujaf-41	34	2	directly	directly	ADV
gujaf-41	34	3	impact	impact	NOUN
gujaf-41	34	4	on	on	ADP
gujaf-41	34	5	liquidity	liquidity	NOUN
gujaf-41	34	6	if	if	SCONJ
gujaf-41	34	7	management	management	NOUN
gujaf-41	34	8	introduces	introduce	NOUN
gujaf-41	34	9	change	change	VERB
gujaf-41	34	10	to	to	PART
gujaf-41	34	11	alter	alter	VERB
gujaf-41	34	12	the	the	DET
gujaf-41	34	13	absolute	absolute	ADJ
gujaf-41	34	14	levels	level	NOUN
gujaf-41	34	15	of	of	ADP
gujaf-41	34	16	inventory	inventory	NOUN
gujaf-41	34	17	held	hold	VERB
gujaf-41	34	18	(	(	PUNCT
gujaf-41	34	19	stephen	stephen	PROPN
gujaf-41	34	20	,	,	PUNCT
gujaf-41	34	21	2012	2012	NUM
gujaf-41	34	22	)	)	PUNCT
gujaf-41	34	23	.	.	PUNCT
gujaf-41	35	1	the	the	DET
gujaf-41	35	2	financial	financial	ADJ
gujaf-41	35	3	performance	performance	NOUN
gujaf-41	35	4	of	of	ADP
gujaf-41	35	5	a	a	DET
gujaf-41	35	6	firm	firm	NOUN
gujaf-41	35	7	is	be	AUX
gujaf-41	35	8	generally	generally	ADV
gujaf-41	35	9	evaluated	evaluate	VERB
gujaf-41	35	10	in	in	ADP
gujaf-41	35	11	three	three	NUM
gujaf-41	35	12	main	main	ADJ
gujaf-41	35	13	aspects	aspect	NOUN
gujaf-41	35	14	.	.	PUNCT
gujaf-41	36	1	the	the	DET
gujaf-41	36	2	first	first	ADJ
gujaf-41	36	3	one	one	NOUN
gujaf-41	36	4	is	be	AUX
gujaf-41	36	5	the	the	DET
gujaf-41	36	6	productivity	productivity	NOUN
gujaf-41	36	7	of	of	ADP
gujaf-41	36	8	the	the	DET
gujaf-41	36	9	firm	firm	NOUN
gujaf-41	36	10	,	,	PUNCT
gujaf-41	36	11	or	or	CCONJ
gujaf-41	36	12	in	in	ADP
gujaf-41	36	13	other	other	ADJ
gujaf-41	36	14	words	word	NOUN
gujaf-41	36	15	,	,	PUNCT
gujaf-41	36	16	conversion	conversion	NOUN
gujaf-41	36	17	of	of	ADP
gujaf-41	36	18	the	the	DET
gujaf-41	36	19	inputs	input	NOUN
gujaf-41	36	20	to	to	ADP
gujaf-41	36	21	outputs	output	NOUN
gujaf-41	36	22	in	in	ADP
gujaf-41	36	23	an	an	DET
gujaf-41	36	24	efficient	efficient	ADJ
gujaf-41	36	25	manner	manner	NOUN
gujaf-41	36	26	.	.	PUNCT
gujaf-41	37	1	secondly	secondly	ADV
gujaf-41	37	2	,	,	PUNCT
gujaf-41	37	3	the	the	DET
gujaf-41	37	4	profitability	profitability	NOUN
gujaf-41	37	5	,	,	PUNCT
gujaf-41	37	6	a	a	DET
gujaf-41	37	7	stage	stage	NOUN
gujaf-41	37	8	,	,	PUNCT
gujaf-41	37	9	or	or	CCONJ
gujaf-41	37	10	the	the	DET
gujaf-41	37	11	level	level	NOUN
gujaf-41	37	12	of	of	ADP
gujaf-41	37	13	earnings	earning	NOUN
gujaf-41	37	14	that	that	PRON
gujaf-41	37	15	reaches	reach	VERB
gujaf-41	37	16	the	the	DET
gujaf-41	37	17	company	company	NOUN
gujaf-41	37	18	from	from	ADP
gujaf-41	37	19	its	its	PRON
gujaf-41	37	20	daily	daily	ADJ
gujaf-41	37	21	activities	activity	NOUN
gujaf-41	37	22	to	to	PART
gujaf-41	37	23	be	be	AUX
gujaf-41	37	24	greater	great	ADJ
gujaf-41	37	25	than	than	ADP
gujaf-41	37	26	the	the	DET
gujaf-41	37	27	costs	cost	NOUN
gujaf-41	37	28	of	of	ADP
gujaf-41	37	29	these	these	DET
gujaf-41	37	30	activities	activity	NOUN
gujaf-41	37	31	.	.	PUNCT
gujaf-41	38	1	stephen	stephen	PROPN
gujaf-41	38	2	,	,	PUNCT
gujaf-41	38	3	(	(	PUNCT
gujaf-41	38	4	2012	2012	NUM
gujaf-41	38	5	)	)	PUNCT
gujaf-41	38	6	argued	argue	VERB
gujaf-41	38	7	the	the	DET
gujaf-41	38	8	last	last	ADJ
gujaf-41	38	9	aspect	aspect	NOUN
gujaf-41	38	10	of	of	ADP
gujaf-41	38	11	evaluating	evaluate	VERB
gujaf-41	38	12	the	the	DET
gujaf-41	38	13	company	company	NOUN
gujaf-41	38	14	's	's	PART
gujaf-41	38	15	performance	performance	NOUN
gujaf-41	38	16	is	be	AUX
gujaf-41	38	17	the	the	DET
gujaf-41	38	18	market	market	NOUN
gujaf-41	38	19	premium	premium	NOUN
gujaf-41	38	20	and	and	CCONJ
gujaf-41	38	21	it	it	PRON
gujaf-41	38	22	could	could	AUX
gujaf-41	38	23	be	be	AUX
gujaf-41	38	24	said	say	VERB
gujaf-41	38	25	that	that	SCONJ
gujaf-41	38	26	it	it	PRON
gujaf-41	38	27	is	be	AUX
gujaf-41	38	28	the	the	DET
gujaf-41	38	29	level	level	NOUN
gujaf-41	38	30	at	at	ADP
gujaf-41	38	31	which	which	PRON
gujaf-41	38	32	a	a	DET
gujaf-41	38	33	firm	firm	NOUN
gujaf-41	38	34	’s	’s	PART
gujaf-41	38	35	book	book	NOUN
gujaf-41	38	36	value	value	NOUN
gujaf-41	38	37	is	be	AUX
gujaf-41	38	38	lower	low	ADJ
gujaf-41	38	39	than	than	ADP
gujaf-41	38	40	its	its	PRON
gujaf-41	38	41	market	market	NOUN
gujaf-41	38	42	value	value	NOUN
gujaf-41	38	43	.	.	PUNCT
gujaf-41	39	1	however	however	ADV
gujaf-41	39	2	,	,	PUNCT
gujaf-41	39	3	it	it	PRON
gujaf-41	39	4	could	could	AUX
gujaf-41	39	5	be	be	AUX
gujaf-41	39	6	debated	debate	VERB
gujaf-41	39	7	what	what	PRON
gujaf-41	39	8	financial	financial	ADJ
gujaf-41	39	9	performance	performance	NOUN
gujaf-41	39	10	is	be	AUX
gujaf-41	39	11	,	,	PUNCT
gujaf-41	39	12	a	a	DET
gujaf-41	39	13	firm	firm	NOUN
gujaf-41	39	14	's	's	PART
gujaf-41	39	15	financial	financial	ADJ
gujaf-41	39	16	performance	performance	NOUN
gujaf-41	39	17	can	can	AUX
gujaf-41	39	18	be	be	AUX
gujaf-41	39	19	measured	measure	VERB
gujaf-41	39	20	by	by	ADP
gujaf-41	39	21	many	many	ADJ
gujaf-41	39	22	formulas	formula	NOUN
gujaf-41	39	23	and	and	CCONJ
gujaf-41	39	24	ratios	ratio	NOUN
gujaf-41	39	25	(	(	PUNCT
gujaf-41	39	26	rezazade	rezazade	NOUN
gujaf-41	39	27	,	,	PUNCT
gujaf-41	39	28	2014	2014	NUM
gujaf-41	39	29	)	)	PUNCT
gujaf-41	39	30	.	.	PUNCT
gujaf-41	40	1	therefore	therefore	ADV
gujaf-41	40	2	,	,	PUNCT
gujaf-41	40	3	this	this	DET
gujaf-41	40	4	study	study	NOUN
gujaf-41	40	5	focuses	focus	VERB
gujaf-41	40	6	on	on	ADP
gujaf-41	40	7	oil	oil	NOUN
gujaf-41	40	8	and	and	CCONJ
gujaf-41	40	9	gas	gas	NOUN
gujaf-41	40	10	firms	firm	NOUN
gujaf-41	40	11	in	in	ADP
gujaf-41	40	12	nigeria	nigeria	PROPN
gujaf-41	40	13	;	;	PUNCT
gujaf-41	40	14	oil	oil	NOUN
gujaf-41	40	15	and	and	CCONJ
gujaf-41	40	16	gas	gas	NOUN
gujaf-41	40	17	firms	firm	NOUN
gujaf-41	40	18	employs	employ	VERB
gujaf-41	40	19	a	a	DET
gujaf-41	40	20	significant	significant	ADJ
gujaf-41	40	21	number	number	NOUN
gujaf-41	40	22	of	of	ADP
gujaf-41	40	23	nigerians	nigerians	PROPN
gujaf-41	40	24	,	,	PUNCT
gujaf-41	40	25	while	while	SCONJ
gujaf-41	40	26	at	at	ADP
gujaf-41	40	27	the	the	DET
gujaf-41	40	28	same	same	ADJ
gujaf-41	40	29	time	time	NOUN
gujaf-41	40	30	attracting	attract	VERB
gujaf-41	40	31	the	the	DET
gujaf-41	40	32	largest	large	ADJ
gujaf-41	40	33	volume	volume	NOUN
gujaf-41	40	34	of	of	ADP
gujaf-41	40	35	foreign	foreign	ADJ
gujaf-41	40	36	direct	direct	ADJ
gujaf-41	40	37	investment	investment	NOUN
gujaf-41	40	38	into	into	ADP
gujaf-41	40	39	nigeria	nigeria	PROPN
gujaf-41	40	40	.	.	PUNCT
gujaf-41	41	1	oil	oil	NOUN
gujaf-41	41	2	and	and	CCONJ
gujaf-41	41	3	gas	gas	NOUN
gujaf-41	41	4	companies	company	NOUN
gujaf-41	41	5	were	be	AUX
gujaf-41	41	6	selected	select	VERB
gujaf-41	41	7	as	as	ADP
gujaf-41	41	8	a	a	DET
gujaf-41	41	9	domain	domain	NOUN
gujaf-41	41	10	of	of	ADP
gujaf-41	41	11	this	this	DET
gujaf-41	41	12	study	study	NOUN
gujaf-41	41	13	because	because	SCONJ
gujaf-41	41	14	,	,	PUNCT
gujaf-41	41	15	in	in	ADP
gujaf-41	41	16	the	the	DET
gujaf-41	41	17	last	last	ADJ
gujaf-41	41	18	decades	decade	NOUN
gujaf-41	41	19	,	,	PUNCT
gujaf-41	41	20	there	there	PRON
gujaf-41	41	21	have	have	AUX
gujaf-41	41	22	been	be	AUX
gujaf-41	41	23	several	several	ADJ
gujaf-41	41	24	cases	case	NOUN
gujaf-41	41	25	of	of	ADP
gujaf-41	41	26	business	business	NOUN
gujaf-41	41	27	failure	failure	NOUN
gujaf-41	41	28	in	in	ADP
gujaf-41	41	29	developed	develop	VERB
gujaf-41	41	30	and	and	CCONJ
gujaf-41	41	31	developing	develop	VERB
gujaf-41	41	32	economies	economy	NOUN
gujaf-41	41	33	around	around	ADP
gujaf-41	41	34	the	the	DET
gujaf-41	41	35	world	world	NOUN
gujaf-41	41	36	.	.	PUNCT
gujaf-41	42	1	some	some	PRON
gujaf-41	42	2	believe	believe	VERB
gujaf-41	42	3	that	that	SCONJ
gujaf-41	42	4	such	such	ADJ
gujaf-41	42	5	failure	failure	NOUN
gujaf-41	42	6	is	be	AUX
gujaf-41	42	7	due	due	ADJ
gujaf-41	42	8	to	to	ADP
gujaf-41	42	9	mismanagement	mismanagement	NOUN
gujaf-41	42	10	of	of	ADP
gujaf-41	42	11	working	work	VERB
gujaf-41	42	12	capital	capital	NOUN
gujaf-41	42	13	efficiency	efficiency	NOUN
gujaf-41	42	14	,	,	PUNCT
gujaf-41	42	15	while	while	SCONJ
gujaf-41	42	16	others	other	NOUN
gujaf-41	42	17	are	be	AUX
gujaf-41	42	18	of	of	ADP
gujaf-41	42	19	the	the	DET
gujaf-41	42	20	view	view	NOUN
gujaf-41	42	21	that	that	SCONJ
gujaf-41	42	22	it	it	PRON
gujaf-41	42	23	was	be	AUX
gujaf-41	42	24	due	due	ADJ
gujaf-41	42	25	to	to	ADP
gujaf-41	42	26	the	the	DET
gujaf-41	42	27	failure	failure	NOUN
gujaf-41	42	28	of	of	ADP
gujaf-41	42	29	managers	manager	NOUN
gujaf-41	42	30	to	to	PART
gujaf-41	42	31	identify	identify	VERB
gujaf-41	42	32	factors	factor	NOUN
gujaf-41	42	33	that	that	PRON
gujaf-41	42	34	are	be	AUX
gujaf-41	42	35	responsible	responsible	ADJ
gujaf-41	42	36	for	for	ADP
gujaf-41	42	37	eliminating	eliminate	VERB
gujaf-41	42	38	and	and	CCONJ
gujaf-41	42	39	improving	improve	VERB
gujaf-41	42	40	the	the	DET
gujaf-41	42	41	efficiency	efficiency	NOUN
gujaf-41	42	42	of	of	ADP
gujaf-41	42	43	working	work	VERB
gujaf-41	42	44	capital	capital	NOUN
gujaf-41	42	45	items	item	NOUN
gujaf-41	42	46	.	.	PUNCT
gujaf-41	43	1	examples	example	NOUN
gujaf-41	43	2	of	of	ADP
gujaf-41	43	3	such	such	ADJ
gujaf-41	43	4	mismanagement	mismanagement	NOUN
gujaf-41	43	5	of	of	ADP
gujaf-41	43	6	working	work	VERB
gujaf-41	43	7	capital	capital	NOUN
gujaf-41	43	8	lead	lead	NOUN
gujaf-41	43	9	to	to	PART
gujaf-41	43	10	oando	oando	PROPN
gujaf-41	43	11	nigeria	nigeria	PROPN
gujaf-41	43	12	plc	plc	PROPN
gujaf-41	43	13	management	management	PROPN
gujaf-41	43	14	‘	'	PUNCT
gujaf-41	43	15	cooking	cooking	NOUN
gujaf-41	43	16	’	'	PUNCT
gujaf-41	43	17	its	its	PRON
gujaf-41	43	18	books	book	NOUN
gujaf-41	43	19	as	as	SCONJ
gujaf-41	43	20	reported	report	VERB
gujaf-41	43	21	recently	recently	ADV
gujaf-41	43	22	by	by	ADP
gujaf-41	43	23	two	two	NUM
gujaf-41	43	24	of	of	ADP
gujaf-41	43	25	its	its	PRON
gujaf-41	43	26	shareholders	shareholder	NOUN
gujaf-41	43	27	(	(	PUNCT
gujaf-41	43	28	reuters	reuter	NOUN
gujaf-41	43	29	,	,	PUNCT
gujaf-41	43	30	2018	2018	NUM
gujaf-41	43	31	)	)	PUNCT
gujaf-41	43	32	.	.	PUNCT
gujaf-41	44	1	again	again	ADV
gujaf-41	44	2	,	,	PUNCT
gujaf-41	44	3	the	the	DET
gujaf-41	44	4	delisting	delisting	NOUN
gujaf-41	44	5	of	of	ADP
gujaf-41	44	6	two	two	NUM
gujaf-41	44	7	oil	oil	NOUN
gujaf-41	44	8	and	and	CCONJ
gujaf-41	44	9	gas	gas	NOUN
gujaf-41	44	10	firms	firm	NOUN
gujaf-41	44	11	from	from	ADP
gujaf-41	44	12	the	the	DET
gujaf-41	44	13	nigerian	nigerian	ADJ
gujaf-41	44	14	stock	stock	NOUN
gujaf-41	44	15	exchange	exchange	NOUN
gujaf-41	44	16	in	in	ADP
gujaf-41	44	17	the	the	DET
gujaf-41	44	18	last	last	ADJ
gujaf-41	44	19	10	10	NUM
gujaf-41	44	20	years	year	NOUN
gujaf-41	44	21	which	which	PRON
gujaf-41	44	22	falls	fall	VERB
gujaf-41	44	23	within	within	ADP
gujaf-41	44	24	the	the	DET
gujaf-41	44	25	period	period	NOUN
gujaf-41	44	26	of	of	ADP
gujaf-41	44	27	study	study	NOUN
gujaf-41	44	28	was	be	AUX
gujaf-41	44	29	also	also	ADV
gujaf-41	44	30	due	due	ADJ
gujaf-41	44	31	gusau	gusau	ADJ
gujaf-41	44	32	journal	journal	NOUN
gujaf-41	44	33	of	of	ADP
gujaf-41	44	34	accounting	accounting	NOUN
gujaf-41	44	35	and	and	CCONJ
gujaf-41	44	36	finance	finance	NOUN
gujaf-41	44	37	,	,	PUNCT
gujaf-41	44	38	vol	vol	NOUN
gujaf-41	44	39	.	.	PUNCT
gujaf-41	45	1	i	i	PRON
gujaf-41	45	2	,	,	PUNCT
gujaf-41	45	3	issue	issue	NOUN
gujaf-41	45	4	2	2	NUM
gujaf-41	45	5	,	,	PUNCT
gujaf-41	45	6	october	october	PROPN
gujaf-41	45	7	,	,	PUNCT
gujaf-41	45	8	2020	2020	NUM
gujaf-41	45	9	4	4	NUM
gujaf-41	45	10	inadequate	inadequate	ADJ
gujaf-41	45	11	working	work	VERB
gujaf-41	45	12	capital	capital	NOUN
gujaf-41	45	13	management	management	NOUN
gujaf-41	45	14	that	that	PRON
gujaf-41	45	15	gave	give	VERB
gujaf-41	45	16	the	the	DET
gujaf-41	45	17	two	two	NUM
gujaf-41	45	18	delisted	delist	VERB
gujaf-41	45	19	firms	firm	NOUN
gujaf-41	45	20	negative	negative	ADJ
gujaf-41	45	21	impact	impact	NOUN
gujaf-41	45	22	on	on	ADP
gujaf-41	45	23	their	their	PRON
gujaf-41	45	24	performance	performance	NOUN
gujaf-41	45	25	(	(	PUNCT
gujaf-41	45	26	oluboyede	oluboyede	ADV
gujaf-41	45	27	2007	2007	NUM
gujaf-41	45	28	)	)	PUNCT
gujaf-41	45	29	.	.	PUNCT
gujaf-41	46	1	thus	thus	ADV
gujaf-41	46	2	,	,	PUNCT
gujaf-41	46	3	prompting	prompt	VERB
gujaf-41	46	4	the	the	DET
gujaf-41	46	5	present	present	ADJ
gujaf-41	46	6	research	research	NOUN
gujaf-41	46	7	in	in	ADP
gujaf-41	46	8	the	the	DET
gujaf-41	46	9	oil	oil	NOUN
gujaf-41	46	10	and	and	CCONJ
gujaf-41	46	11	gas	gas	NOUN
gujaf-41	46	12	sector	sector	NOUN
gujaf-41	46	13	of	of	ADP
gujaf-41	46	14	the	the	DET
gujaf-41	46	15	nigerian	nigerian	ADJ
gujaf-41	46	16	economy	economy	NOUN
gujaf-41	46	17	.	.	PUNCT
gujaf-41	47	1	this	this	DET
gujaf-41	47	2	study	study	NOUN
gujaf-41	47	3	is	be	AUX
gujaf-41	47	4	equally	equally	ADV
gujaf-41	47	5	designed	design	VERB
gujaf-41	47	6	to	to	PART
gujaf-41	47	7	apply	apply	VERB
gujaf-41	47	8	a	a	DET
gujaf-41	47	9	more	more	ADV
gujaf-41	47	10	robust	robust	ADJ
gujaf-41	47	11	methodology	methodology	NOUN
gujaf-41	47	12	(	(	PUNCT
gujaf-41	47	13	gls	gls	PROPN
gujaf-41	47	14	)	)	PUNCT
gujaf-41	47	15	and	and	CCONJ
gujaf-41	47	16	provide	provide	VERB
gujaf-41	47	17	a	a	DET
gujaf-41	47	18	more	more	ADV
gujaf-41	47	19	reliable	reliable	ADJ
gujaf-41	47	20	finding	finding	NOUN
gujaf-41	47	21	in	in	ADP
gujaf-41	47	22	the	the	DET
gujaf-41	47	23	oil	oil	NOUN
gujaf-41	47	24	and	and	CCONJ
gujaf-41	47	25	gas	gas	NOUN
gujaf-41	47	26	firms	firm	NOUN
gujaf-41	47	27	in	in	ADP
gujaf-41	47	28	nigeria	nigeria	PROPN
gujaf-41	47	29	.	.	PUNCT
gujaf-41	48	1	the	the	DET
gujaf-41	48	2	study	study	NOUN
gujaf-41	48	3	will	will	AUX
gujaf-41	48	4	therefore	therefore	ADV
gujaf-41	48	5	utilize	utilize	VERB
gujaf-41	48	6	tests	test	NOUN
gujaf-41	48	7	such	such	ADJ
gujaf-41	48	8	as	as	ADP
gujaf-41	48	9	shapiro	shapiro	NOUN
gujaf-41	48	10	-	-	PUNCT
gujaf-41	48	11	wilk	wilk	NOUN
gujaf-41	48	12	test	test	NOUN
gujaf-41	48	13	for	for	ADP
gujaf-41	48	14	data	datum	NOUN
gujaf-41	48	15	normality	normality	NOUN
gujaf-41	48	16	,	,	PUNCT
gujaf-41	48	17	vif	vif	NOUN
gujaf-41	48	18	for	for	ADP
gujaf-41	48	19	multicollinearity	multicollinearity	NOUN
gujaf-41	48	20	,	,	PUNCT
gujaf-41	48	21	and	and	CCONJ
gujaf-41	48	22	heteroscadesticity	heteroscadesticity	NOUN
gujaf-41	48	23	test	test	NOUN
gujaf-41	48	24	for	for	ADP
gujaf-41	48	25	hettest	hett	ADJ
gujaf-41	48	26	problem	problem	NOUN
gujaf-41	48	27	in	in	ADP
gujaf-41	48	28	order	order	NOUN
gujaf-41	48	29	to	to	PART
gujaf-41	48	30	improve	improve	VERB
gujaf-41	48	31	the	the	DET
gujaf-41	48	32	robustness	robustness	NOUN
gujaf-41	48	33	of	of	ADP
gujaf-41	48	34	the	the	DET
gujaf-41	48	35	statistical	statistical	ADJ
gujaf-41	48	36	result	result	NOUN
gujaf-41	48	37	.	.	PUNCT
gujaf-41	49	1	finally	finally	ADV
gujaf-41	49	2	,	,	PUNCT
gujaf-41	49	3	a	a	DET
gujaf-41	49	4	period	period	NOUN
gujaf-41	49	5	gap	gap	NOUN
gujaf-41	49	6	and	and	CCONJ
gujaf-41	49	7	domain	domain	NOUN
gujaf-41	49	8	gap	gap	NOUN
gujaf-41	49	9	exists	exist	VERB
gujaf-41	49	10	for	for	ADP
gujaf-41	49	11	the	the	DET
gujaf-41	49	12	most	most	ADJ
gujaf-41	49	13	of	of	ADP
gujaf-41	49	14	the	the	DET
gujaf-41	49	15	studies	study	NOUN
gujaf-41	49	16	that	that	PRON
gujaf-41	49	17	were	be	AUX
gujaf-41	49	18	conducted	conduct	VERB
gujaf-41	49	19	on	on	ADP
gujaf-41	49	20	working	work	VERB
gujaf-41	49	21	capital	capital	NOUN
gujaf-41	49	22	management	management	NOUN
gujaf-41	49	23	in	in	ADP
gujaf-41	49	24	nigeria	nigeria	PROPN
gujaf-41	49	25	as	as	SCONJ
gujaf-41	49	26	many	many	ADJ
gujaf-41	49	27	of	of	ADP
gujaf-41	49	28	them	they	PRON
gujaf-41	49	29	were	be	AUX
gujaf-41	49	30	conducted	conduct	VERB
gujaf-41	49	31	using	use	VERB
gujaf-41	49	32	data	datum	NOUN
gujaf-41	49	33	not	not	PART
gujaf-41	49	34	extended	extend	VERB
gujaf-41	49	35	to	to	ADP
gujaf-41	49	36	2018	2018	NUM
gujaf-41	49	37	and	and	CCONJ
gujaf-41	49	38	none	none	NOUN
gujaf-41	49	39	conducted	conduct	VERB
gujaf-41	49	40	on	on	ADP
gujaf-41	49	41	the	the	DET
gujaf-41	49	42	oil	oil	NOUN
gujaf-41	49	43	and	and	CCONJ
gujaf-41	49	44	gas	gas	NOUN
gujaf-41	49	45	domain	domain	NOUN
gujaf-41	49	46	in	in	ADP
gujaf-41	49	47	nigeria	nigeria	PROPN
gujaf-41	49	48	to	to	ADP
gujaf-41	49	49	the	the	DET
gujaf-41	49	50	best	good	ADJ
gujaf-41	49	51	of	of	ADP
gujaf-41	49	52	the	the	DET
gujaf-41	49	53	researcher	researcher	NOUN
gujaf-41	49	54	’s	’s	PART
gujaf-41	49	55	knowledge	knowledge	NOUN
gujaf-41	49	56	except	except	SCONJ
gujaf-41	49	57	in	in	ADP
gujaf-41	49	58	pakistan	pakistan	PROPN
gujaf-41	49	59	(	(	PUNCT
gujaf-41	49	60	shah	shah	PROPN
gujaf-41	49	61	&	&	CCONJ
gujaf-41	49	62	sana	sana	PROPN
gujaf-41	49	63	,	,	PUNCT
gujaf-41	49	64	2006	2006	NUM
gujaf-41	49	65	)	)	PUNCT
gujaf-41	49	66	.	.	PUNCT
gujaf-41	50	1	their	their	PRON
gujaf-41	50	2	findings	finding	NOUN
gujaf-41	50	3	might	might	AUX
gujaf-41	50	4	not	not	PART
gujaf-41	50	5	be	be	AUX
gujaf-41	50	6	in	in	ADP
gujaf-41	50	7	tune	tune	NOUN
gujaf-41	50	8	with	with	ADP
gujaf-41	50	9	the	the	DET
gujaf-41	50	10	present	present	ADJ
gujaf-41	50	11	day	day	NOUN
gujaf-41	50	12	reality	reality	NOUN
gujaf-41	50	13	on	on	ADP
gujaf-41	50	14	as	as	SCONJ
gujaf-41	50	15	so	so	ADV
gujaf-41	50	16	many	many	ADJ
gujaf-41	50	17	changes	change	NOUN
gujaf-41	50	18	in	in	ADP
gujaf-41	50	19	the	the	DET
gujaf-41	50	20	business	business	NOUN
gujaf-41	50	21	environment	environment	NOUN
gujaf-41	50	22	and	and	CCONJ
gujaf-41	50	23	political	political	ADJ
gujaf-41	50	24	cycle	cycle	NOUN
gujaf-41	50	25	took	take	VERB
gujaf-41	50	26	place	place	NOUN
gujaf-41	50	27	in	in	ADP
gujaf-41	50	28	nigeria	nigeria	PROPN
gujaf-41	50	29	which	which	PRON
gujaf-41	50	30	significantly	significantly	ADV
gujaf-41	50	31	affected	affect	VERB
gujaf-41	50	32	prices	price	NOUN
gujaf-41	50	33	as	as	ADV
gujaf-41	50	34	well	well	ADV
gujaf-41	50	35	as	as	ADP
gujaf-41	50	36	lending	lending	NOUN
gujaf-41	50	37	.	.	PUNCT
gujaf-41	51	1	these	these	DET
gujaf-41	51	2	changes	change	NOUN
gujaf-41	51	3	include	include	VERB
gujaf-41	51	4	;	;	PUNCT
gujaf-41	51	5	changes	change	NOUN
gujaf-41	51	6	in	in	ADP
gujaf-41	51	7	rate	rate	NOUN
gujaf-41	51	8	of	of	ADP
gujaf-41	51	9	inflation	inflation	NOUN
gujaf-41	51	10	,	,	PUNCT
gujaf-41	51	11	scarcity	scarcity	NOUN
gujaf-41	51	12	of	of	ADP
gujaf-41	51	13	foreign	foreign	ADJ
gujaf-41	51	14	currencies	currency	NOUN
gujaf-41	51	15	for	for	ADP
gujaf-41	51	16	importation	importation	NOUN
gujaf-41	51	17	of	of	ADP
gujaf-41	51	18	raw	raw	ADJ
gujaf-41	51	19	materials	material	NOUN
gujaf-41	51	20	and	and	CCONJ
gujaf-41	51	21	machineries	machinery	NOUN
gujaf-41	51	22	,	,	PUNCT
gujaf-41	51	23	change	change	NOUN
gujaf-41	51	24	of	of	ADP
gujaf-41	51	25	the	the	DET
gujaf-41	51	26	nigerian	nigerian	ADJ
gujaf-41	51	27	government	government	NOUN
gujaf-41	51	28	and	and	CCONJ
gujaf-41	51	29	also	also	ADV
gujaf-41	51	30	,	,	PUNCT
gujaf-41	51	31	the	the	DET
gujaf-41	51	32	recent	recent	ADJ
gujaf-41	51	33	hike	hike	NOUN
gujaf-41	51	34	in	in	ADP
gujaf-41	51	35	foreign	foreign	ADJ
gujaf-41	51	36	exchange	exchange	NOUN
gujaf-41	51	37	rate	rate	NOUN
gujaf-41	51	38	to	to	ADP
gujaf-41	51	39	naira	naira	NOUN
gujaf-41	51	40	for	for	ADP
gujaf-41	51	41	all	all	DET
gujaf-41	51	42	the	the	DET
gujaf-41	51	43	major	major	ADJ
gujaf-41	51	44	currencies	currency	NOUN
gujaf-41	51	45	in	in	ADP
gujaf-41	51	46	the	the	DET
gujaf-41	51	47	world	world	NOUN
gujaf-41	51	48	making	make	VERB
gujaf-41	51	49	it	it	PRON
gujaf-41	51	50	difficult	difficult	ADJ
gujaf-41	51	51	for	for	SCONJ
gujaf-41	51	52	managers	manager	NOUN
gujaf-41	51	53	of	of	ADP
gujaf-41	51	54	firms	firm	NOUN
gujaf-41	51	55	in	in	ADP
gujaf-41	51	56	nigeria	nigeria	PROPN
gujaf-41	51	57	to	to	PART
gujaf-41	51	58	manage	manage	VERB
gujaf-41	51	59	their	their	PRON
gujaf-41	51	60	liquidity	liquidity	NOUN
gujaf-41	51	61	.	.	PUNCT
gujaf-41	52	1	the	the	DET
gujaf-41	52	2	central	central	ADJ
gujaf-41	52	3	question	question	NOUN
gujaf-41	52	4	is	be	AUX
gujaf-41	52	5	whether	whether	SCONJ
gujaf-41	52	6	different	different	ADJ
gujaf-41	52	7	working	work	VERB
gujaf-41	52	8	capital	capital	NOUN
gujaf-41	52	9	management	management	NOUN
gujaf-41	52	10	components	component	NOUN
gujaf-41	52	11	used	use	VERB
gujaf-41	52	12	by	by	ADP
gujaf-41	52	13	other	other	ADJ
gujaf-41	52	14	researchers	researcher	NOUN
gujaf-41	52	15	from	from	ADP
gujaf-41	52	16	other	other	ADJ
gujaf-41	52	17	countries	country	NOUN
gujaf-41	52	18	and	and	CCONJ
gujaf-41	52	19	developed	develop	VERB
gujaf-41	52	20	economy	economy	NOUN
gujaf-41	52	21	will	will	AUX
gujaf-41	52	22	influence	influence	VERB
gujaf-41	52	23	the	the	DET
gujaf-41	52	24	profitability	profitability	NOUN
gujaf-41	52	25	of	of	ADP
gujaf-41	52	26	oil	oil	NOUN
gujaf-41	52	27	and	and	CCONJ
gujaf-41	52	28	gas	gas	NOUN
gujaf-41	52	29	firms	firm	NOUN
gujaf-41	52	30	in	in	ADP
gujaf-41	52	31	nigeria	nigeria	PROPN
gujaf-41	52	32	?	?	PUNCT
gujaf-41	53	1	therefore	therefore	ADV
gujaf-41	53	2	,	,	PUNCT
gujaf-41	53	3	this	this	PRON
gujaf-41	53	4	provided	provide	VERB
gujaf-41	53	5	a	a	DET
gujaf-41	53	6	gap	gap	NOUN
gujaf-41	53	7	for	for	ADP
gujaf-41	53	8	this	this	DET
gujaf-41	53	9	study	study	NOUN
gujaf-41	53	10	to	to	PART
gujaf-41	53	11	fill	fill	VERB
gujaf-41	53	12	.	.	PUNCT
gujaf-41	54	1	the	the	DET
gujaf-41	54	2	main	main	ADJ
gujaf-41	54	3	objective	objective	NOUN
gujaf-41	54	4	of	of	ADP
gujaf-41	54	5	the	the	DET
gujaf-41	54	6	study	study	NOUN
gujaf-41	54	7	is	be	AUX
gujaf-41	54	8	to	to	PART
gujaf-41	54	9	examine	examine	VERB
gujaf-41	54	10	the	the	DET
gujaf-41	54	11	impact	impact	NOUN
gujaf-41	54	12	of	of	ADP
gujaf-41	54	13	working	work	VERB
gujaf-41	54	14	capital	capital	NOUN
gujaf-41	54	15	management	management	NOUN
gujaf-41	54	16	on	on	ADP
gujaf-41	54	17	the	the	DET
gujaf-41	54	18	net	net	ADJ
gujaf-41	54	19	operating	operating	NOUN
gujaf-41	54	20	profitability	profitability	NOUN
gujaf-41	54	21	of	of	ADP
gujaf-41	54	22	listed	list	VERB
gujaf-41	54	23	oil	oil	NOUN
gujaf-41	54	24	and	and	CCONJ
gujaf-41	54	25	gas	gas	NOUN
gujaf-41	54	26	firms	firm	NOUN
gujaf-41	54	27	in	in	ADP
gujaf-41	54	28	nigeria	nigeria	PROPN
gujaf-41	54	29	.	.	PUNCT
gujaf-41	55	1	the	the	DET
gujaf-41	55	2	specific	specific	ADJ
gujaf-41	55	3	objectives	objective	NOUN
gujaf-41	55	4	of	of	ADP
gujaf-41	55	5	the	the	DET
gujaf-41	55	6	study	study	NOUN
gujaf-41	55	7	are	be	AUX
gujaf-41	55	8	to	to	PART
gujaf-41	55	9	investigate	investigate	VERB
gujaf-41	55	10	the	the	DET
gujaf-41	55	11	impact	impact	NOUN
gujaf-41	55	12	of	of	ADP
gujaf-41	55	13	cash	cash	NOUN
gujaf-41	55	14	conversion	conversion	NOUN
gujaf-41	55	15	circle	circle	NOUN
gujaf-41	55	16	,	,	PUNCT
gujaf-41	55	17	average	average	ADJ
gujaf-41	55	18	period	period	NOUN
gujaf-41	55	19	of	of	ADP
gujaf-41	55	20	debt	debt	NOUN
gujaf-41	55	21	settlement	settlement	NOUN
gujaf-41	55	22	,	,	PUNCT
gujaf-41	55	23	average	average	ADJ
gujaf-41	55	24	period	period	NOUN
gujaf-41	55	25	of	of	ADP
gujaf-41	55	26	collection	collection	NOUN
gujaf-41	55	27	of	of	ADP
gujaf-41	55	28	receivables	receivables	NOUN
gujaf-41	55	29	and	and	CCONJ
gujaf-41	55	30	inventory	inventory	NOUN
gujaf-41	55	31	retention	retention	NOUN
gujaf-41	55	32	on	on	ADP
gujaf-41	55	33	the	the	DET
gujaf-41	55	34	profitability	profitability	NOUN
gujaf-41	55	35	of	of	ADP
gujaf-41	55	36	listed	list	VERB
gujaf-41	55	37	oil	oil	NOUN
gujaf-41	55	38	and	and	CCONJ
gujaf-41	55	39	gas	gas	NOUN
gujaf-41	55	40	firms	firm	NOUN
gujaf-41	55	41	in	in	ADP
gujaf-41	55	42	nigeria	nigeria	PROPN
gujaf-41	55	43	.	.	PUNCT
gujaf-41	56	1	the	the	DET
gujaf-41	56	2	following	follow	VERB
gujaf-41	56	3	null	null	ADJ
gujaf-41	56	4	hypotheses	hypothesis	NOUN
gujaf-41	56	5	were	be	AUX
gujaf-41	56	6	formulated	formulate	VERB
gujaf-41	56	7	in	in	ADP
gujaf-41	56	8	line	line	NOUN
gujaf-41	56	9	with	with	ADP
gujaf-41	56	10	the	the	DET
gujaf-41	56	11	specific	specific	ADJ
gujaf-41	56	12	objectives	objective	NOUN
gujaf-41	56	13	of	of	ADP
gujaf-41	56	14	the	the	DET
gujaf-41	56	15	study	study	NOUN
gujaf-41	56	16	to	to	PART
gujaf-41	56	17	test	test	VERB
gujaf-41	56	18	the	the	DET
gujaf-41	56	19	influence	influence	NOUN
gujaf-41	56	20	of	of	ADP
gujaf-41	56	21	working	work	VERB
gujaf-41	56	22	capital	capital	NOUN
gujaf-41	56	23	management	management	NOUN
gujaf-41	56	24	on	on	ADP
gujaf-41	56	25	return	return	NOUN
gujaf-41	56	26	on	on	ADP
gujaf-41	56	27	asset	asset	NOUN
gujaf-41	56	28	of	of	ADP
gujaf-41	56	29	listed	list	VERB
gujaf-41	56	30	oil	oil	NOUN
gujaf-41	56	31	and	and	CCONJ
gujaf-41	56	32	gas	gas	NOUN
gujaf-41	56	33	firms	firm	NOUN
gujaf-41	56	34	in	in	ADP
gujaf-41	56	35	nigeria	nigeria	PROPN
gujaf-41	56	36	;	;	PUNCT
gujaf-41	56	37	cash	cash	NOUN
gujaf-41	56	38	conversion	conversion	NOUN
gujaf-41	56	39	circle	circle	NOUN
gujaf-41	56	40	,	,	PUNCT
gujaf-41	56	41	average	average	ADJ
gujaf-41	56	42	period	period	NOUN
gujaf-41	56	43	of	of	ADP
gujaf-41	56	44	debt	debt	NOUN
gujaf-41	56	45	settlement	settlement	NOUN
gujaf-41	56	46	,	,	PUNCT
gujaf-41	56	47	average	average	ADJ
gujaf-41	56	48	period	period	NOUN
gujaf-41	56	49	of	of	ADP
gujaf-41	56	50	collection	collection	NOUN
gujaf-41	56	51	of	of	ADP
gujaf-41	56	52	receivables	receivables	NOUN
gujaf-41	56	53	and	and	CCONJ
gujaf-41	56	54	inventory	inventory	NOUN
gujaf-41	56	55	retention	retention	NOUN
gujaf-41	56	56	all	all	PRON
gujaf-41	56	57	have	have	VERB
gujaf-41	56	58	no	no	DET
gujaf-41	56	59	significant	significant	ADJ
gujaf-41	56	60	impact	impact	NOUN
gujaf-41	56	61	on	on	ADP
gujaf-41	56	62	the	the	DET
gujaf-41	56	63	profitability	profitability	NOUN
gujaf-41	56	64	of	of	ADP
gujaf-41	56	65	the	the	DET
gujaf-41	56	66	listed	list	VERB
gujaf-41	56	67	oil	oil	NOUN
gujaf-41	56	68	and	and	CCONJ
gujaf-41	56	69	gas	gas	NOUN
gujaf-41	56	70	firms	firm	NOUN
gujaf-41	56	71	in	in	ADP
gujaf-41	56	72	nigeria	nigeria	PROPN
gujaf-41	56	73	.	.	PUNCT
gujaf-41	57	1	gusau	gusau	PROPN
gujaf-41	57	2	journal	journal	PROPN
gujaf-41	57	3	of	of	ADP
gujaf-41	57	4	accounting	accounting	NOUN
gujaf-41	57	5	and	and	CCONJ
gujaf-41	57	6	finance	finance	NOUN
gujaf-41	57	7	,	,	PUNCT
gujaf-41	57	8	vol	vol	NOUN
gujaf-41	57	9	.	.	PUNCT
gujaf-41	58	1	i	i	PRON
gujaf-41	58	2	,	,	PUNCT
gujaf-41	58	3	issue	issue	NOUN
gujaf-41	58	4	2	2	NUM
gujaf-41	58	5	,	,	PUNCT
gujaf-41	58	6	october	october	PROPN
gujaf-41	58	7	,	,	PUNCT
gujaf-41	58	8	2020	2020	NUM
gujaf-41	58	9	5	5	NUM
gujaf-41	58	10	this	this	DET
gujaf-41	58	11	study	study	NOUN
gujaf-41	58	12	could	could	AUX
gujaf-41	58	13	add	add	VERB
gujaf-41	58	14	to	to	ADP
gujaf-41	58	15	existing	exist	VERB
gujaf-41	58	16	literature	literature	NOUN
gujaf-41	58	17	considering	consider	VERB
gujaf-41	58	18	six	six	NUM
gujaf-41	58	19	liquidity	liquidity	NOUN
gujaf-41	58	20	management	management	NOUN
gujaf-41	58	21	proxies	proxy	NOUN
gujaf-41	58	22	used	use	VERB
gujaf-41	58	23	;	;	PUNCT
gujaf-41	58	24	cash	cash	NOUN
gujaf-41	58	25	conversion	conversion	NOUN
gujaf-41	58	26	circle	circle	NOUN
gujaf-41	58	27	,	,	PUNCT
gujaf-41	58	28	average	average	ADJ
gujaf-41	58	29	period	period	NOUN
gujaf-41	58	30	of	of	ADP
gujaf-41	58	31	debt	debt	NOUN
gujaf-41	58	32	settlement	settlement	NOUN
gujaf-41	58	33	,	,	PUNCT
gujaf-41	58	34	average	average	ADJ
gujaf-41	58	35	period	period	NOUN
gujaf-41	58	36	of	of	ADP
gujaf-41	58	37	collection	collection	NOUN
gujaf-41	58	38	of	of	ADP
gujaf-41	58	39	receivables	receivables	NOUN
gujaf-41	58	40	inventory	inventory	NOUN
gujaf-41	58	41	retention	retention	NOUN
gujaf-41	58	42	.	.	PUNCT
gujaf-41	59	1	findings	finding	NOUN
gujaf-41	59	2	of	of	ADP
gujaf-41	59	3	this	this	DET
gujaf-41	59	4	study	study	NOUN
gujaf-41	59	5	can	can	AUX
gujaf-41	59	6	have	have	VERB
gujaf-41	59	7	some	some	DET
gujaf-41	59	8	far	far	ADV
gujaf-41	59	9	reaching	reach	VERB
gujaf-41	59	10	implications	implication	NOUN
gujaf-41	59	11	for	for	ADP
gujaf-41	59	12	users	user	NOUN
gujaf-41	59	13	of	of	ADP
gujaf-41	59	14	financial	financial	ADJ
gujaf-41	59	15	statements	statement	NOUN
gujaf-41	59	16	such	such	ADJ
gujaf-41	59	17	as	as	ADP
gujaf-41	59	18	shareholders	shareholder	NOUN
gujaf-41	59	19	,	,	PUNCT
gujaf-41	59	20	potential	potential	ADJ
gujaf-41	59	21	investors	investor	NOUN
gujaf-41	59	22	,	,	PUNCT
gujaf-41	59	23	policy	policy	NOUN
gujaf-41	59	24	makers	maker	NOUN
gujaf-41	59	25	,	,	PUNCT
gujaf-41	59	26	the	the	DET
gujaf-41	59	27	regulatory	regulatory	ADJ
gujaf-41	59	28	bodies	body	NOUN
gujaf-41	59	29	and	and	CCONJ
gujaf-41	59	30	also	also	ADV
gujaf-41	59	31	students	student	NOUN
gujaf-41	59	32	.	.	PUNCT
gujaf-41	60	1	the	the	DET
gujaf-41	60	2	study	study	NOUN
gujaf-41	60	3	investigates	investigate	VERB
gujaf-41	60	4	the	the	DET
gujaf-41	60	5	impact	impact	NOUN
gujaf-41	60	6	of	of	ADP
gujaf-41	60	7	working	work	VERB
gujaf-41	60	8	capital	capital	NOUN
gujaf-41	60	9	management	management	NOUN
gujaf-41	60	10	on	on	ADP
gujaf-41	60	11	return	return	NOUN
gujaf-41	60	12	on	on	ADP
gujaf-41	60	13	asset	asset	NOUN
gujaf-41	60	14	of	of	ADP
gujaf-41	60	15	the	the	DET
gujaf-41	60	16	listed	list	VERB
gujaf-41	60	17	oil	oil	NOUN
gujaf-41	60	18	and	and	CCONJ
gujaf-41	60	19	gas	gas	NOUN
gujaf-41	60	20	firms	firm	NOUN
gujaf-41	60	21	in	in	ADP
gujaf-41	60	22	nigeria	nigeria	PROPN
gujaf-41	60	23	.	.	PUNCT
gujaf-41	61	1	therefore	therefore	ADV
gujaf-41	61	2	,	,	PUNCT
gujaf-41	61	3	the	the	DET
gujaf-41	61	4	study	study	NOUN
gujaf-41	61	5	covers	cover	VERB
gujaf-41	61	6	all	all	DET
gujaf-41	61	7	the	the	DET
gujaf-41	61	8	oil	oil	NOUN
gujaf-41	61	9	and	and	CCONJ
gujaf-41	61	10	gas	gas	NOUN
gujaf-41	61	11	companies	company	NOUN
gujaf-41	61	12	listed	list	VERB
gujaf-41	61	13	on	on	ADP
gujaf-41	61	14	the	the	DET
gujaf-41	61	15	floor	floor	NOUN
gujaf-41	61	16	of	of	ADP
gujaf-41	61	17	the	the	DET
gujaf-41	61	18	nigerian	nigerian	ADJ
gujaf-41	61	19	stock	stock	NOUN
gujaf-41	61	20	market	market	NOUN
gujaf-41	61	21	(	(	PUNCT
gujaf-41	61	22	nse	nse	NOUN
gujaf-41	61	23	)	)	PUNCT
gujaf-41	61	24	as	as	ADP
gujaf-41	61	25	at	at	ADP
gujaf-41	61	26	31st	31st	PROPN
gujaf-41	61	27	december	december	PROPN
gujaf-41	61	28	,	,	PUNCT
gujaf-41	61	29	2018	2018	NUM
gujaf-41	61	30	.	.	PUNCT
gujaf-41	62	1	the	the	DET
gujaf-41	62	2	study	study	NOUN
gujaf-41	62	3	covers	cover	VERB
gujaf-41	62	4	a	a	DET
gujaf-41	62	5	period	period	NOUN
gujaf-41	62	6	of	of	ADP
gujaf-41	62	7	eight	eight	NUM
gujaf-41	62	8	years	year	NOUN
gujaf-41	62	9	(	(	PUNCT
gujaf-41	62	10	2011	2011	NUM
gujaf-41	62	11	-	-	SYM
gujaf-41	62	12	2018	2018	NUM
gujaf-41	62	13	)	)	PUNCT
gujaf-41	62	14	.	.	PUNCT
gujaf-41	63	1	this	this	DET
gujaf-41	63	2	period	period	NOUN
gujaf-41	63	3	was	be	AUX
gujaf-41	63	4	selected	select	VERB
gujaf-41	63	5	due	due	ADP
gujaf-41	63	6	to	to	ADP
gujaf-41	63	7	the	the	DET
gujaf-41	63	8	recent	recent	ADJ
gujaf-41	63	9	financial	financial	ADJ
gujaf-41	63	10	meltdown	meltdown	NOUN
gujaf-41	63	11	that	that	PRON
gujaf-41	63	12	engulfed	engulf	VERB
gujaf-41	63	13	the	the	DET
gujaf-41	63	14	nigerian	nigerian	ADJ
gujaf-41	63	15	economy	economy	NOUN
gujaf-41	63	16	since	since	SCONJ
gujaf-41	63	17	the	the	DET
gujaf-41	63	18	year	year	NOUN
gujaf-41	63	19	2014	2014	NUM
gujaf-41	63	20	when	when	SCONJ
gujaf-41	63	21	oil	oil	NOUN
gujaf-41	63	22	price	price	NOUN
gujaf-41	63	23	started	start	VERB
gujaf-41	63	24	to	to	ADP
gujaf-41	63	25	nose	nose	NOUN
gujaf-41	63	26	dive	dive	NOUN
gujaf-41	63	27	and	and	CCONJ
gujaf-41	63	28	also	also	ADV
gujaf-41	63	29	,	,	PUNCT
gujaf-41	63	30	the	the	DET
gujaf-41	63	31	recent	recent	ADJ
gujaf-41	63	32	hike	hike	NOUN
gujaf-41	63	33	in	in	ADP
gujaf-41	63	34	foreign	foreign	ADJ
gujaf-41	63	35	exchange	exchange	NOUN
gujaf-41	63	36	rate	rate	NOUN
gujaf-41	63	37	to	to	ADP
gujaf-41	63	38	the	the	DET
gujaf-41	63	39	naira	naira	NOUN
gujaf-41	63	40	for	for	ADP
gujaf-41	63	41	all	all	DET
gujaf-41	63	42	the	the	DET
gujaf-41	63	43	major	major	ADJ
gujaf-41	63	44	currencies	currency	NOUN
gujaf-41	63	45	in	in	ADP
gujaf-41	63	46	the	the	DET
gujaf-41	63	47	world	world	NOUN
gujaf-41	63	48	making	make	VERB
gujaf-41	63	49	it	it	PRON
gujaf-41	63	50	difficult	difficult	ADJ
gujaf-41	63	51	for	for	SCONJ
gujaf-41	63	52	managers	manager	NOUN
gujaf-41	63	53	of	of	ADP
gujaf-41	63	54	firms	firm	NOUN
gujaf-41	63	55	in	in	ADP
gujaf-41	63	56	this	this	DET
gujaf-41	63	57	subsector	subsector	NOUN
gujaf-41	63	58	in	in	ADP
gujaf-41	63	59	nigeria	nigeria	PROPN
gujaf-41	63	60	to	to	PART
gujaf-41	63	61	manage	manage	VERB
gujaf-41	63	62	their	their	PRON
gujaf-41	63	63	working	work	VERB
gujaf-41	63	64	capital	capital	NOUN
gujaf-41	63	65	during	during	ADP
gujaf-41	63	66	the	the	DET
gujaf-41	63	67	selected	select	VERB
gujaf-41	63	68	period	period	NOUN
gujaf-41	63	69	.	.	PUNCT
gujaf-41	64	1	the	the	DET
gujaf-41	64	2	rest	rest	NOUN
gujaf-41	64	3	of	of	ADP
gujaf-41	64	4	the	the	DET
gujaf-41	64	5	paper	paper	NOUN
gujaf-41	64	6	is	be	AUX
gujaf-41	64	7	divided	divide	VERB
gujaf-41	64	8	into	into	ADP
gujaf-41	64	9	four	four	NUM
gujaf-41	64	10	sections	section	NOUN
gujaf-41	64	11	covering	cover	VERB
gujaf-41	64	12	discussion	discussion	NOUN
gujaf-41	64	13	on	on	ADP
gujaf-41	64	14	the	the	DET
gujaf-41	64	15	literature	literature	NOUN
gujaf-41	64	16	review	review	NOUN
gujaf-41	64	17	and	and	CCONJ
gujaf-41	64	18	theoretical	theoretical	ADJ
gujaf-41	64	19	framework	framework	NOUN
gujaf-41	64	20	,	,	PUNCT
gujaf-41	64	21	the	the	DET
gujaf-41	64	22	research	research	NOUN
gujaf-41	64	23	method	method	NOUN
gujaf-41	64	24	and	and	CCONJ
gujaf-41	64	25	model	model	NOUN
gujaf-41	64	26	specification	specification	NOUN
gujaf-41	64	27	,	,	PUNCT
gujaf-41	64	28	result	result	NOUN
gujaf-41	64	29	and	and	CCONJ
gujaf-41	64	30	discussions	discussion	NOUN
gujaf-41	64	31	and	and	CCONJ
gujaf-41	64	32	conclusion	conclusion	NOUN
gujaf-41	64	33	and	and	CCONJ
gujaf-41	64	34	recommendation	recommendation	NOUN
gujaf-41	64	35	.	.	PUNCT
gujaf-41	65	1	2	2	X
gujaf-41	65	2	.	.	X
gujaf-41	65	3	review	review	NOUN
gujaf-41	65	4	of	of	ADP
gujaf-41	65	5	empirical	empirical	ADJ
gujaf-41	65	6	studies	study	NOUN
gujaf-41	65	7	cash	cash	NOUN
gujaf-41	65	8	conversion	conversion	NOUN
gujaf-41	65	9	cycle	cycle	NOUN
gujaf-41	65	10	and	and	CCONJ
gujaf-41	65	11	profitability	profitability	NOUN
gujaf-41	65	12	raheman	raheman	NOUN
gujaf-41	65	13	and	and	CCONJ
gujaf-41	65	14	nasr	nasr	PROPN
gujaf-41	65	15	(	(	PUNCT
gujaf-41	65	16	2007	2007	NUM
gujaf-41	65	17	)	)	PUNCT
gujaf-41	65	18	conducted	conduct	VERB
gujaf-41	65	19	a	a	DET
gujaf-41	65	20	study	study	NOUN
gujaf-41	65	21	on	on	ADP
gujaf-41	65	22	working	work	VERB
gujaf-41	65	23	capital	capital	NOUN
gujaf-41	65	24	management	management	NOUN
gujaf-41	65	25	and	and	CCONJ
gujaf-41	65	26	profitability	profitability	NOUN
gujaf-41	65	27	of	of	ADP
gujaf-41	65	28	pakistani	pakistani	ADJ
gujaf-41	65	29	firms	firm	NOUN
gujaf-41	65	30	.	.	PUNCT
gujaf-41	66	1	using	use	VERB
gujaf-41	66	2	secondary	secondary	ADJ
gujaf-41	66	3	data	datum	NOUN
gujaf-41	66	4	,	,	PUNCT
gujaf-41	66	5	extracted	extract	VERB
gujaf-41	66	6	from	from	ADP
gujaf-41	66	7	the	the	DET
gujaf-41	66	8	financial	financial	ADJ
gujaf-41	66	9	statements	statement	NOUN
gujaf-41	66	10	of	of	ADP
gujaf-41	66	11	the	the	DET
gujaf-41	66	12	sampled	sample	VERB
gujaf-41	66	13	firms	firm	NOUN
gujaf-41	66	14	,	,	PUNCT
gujaf-41	66	15	pearson	pearson	PROPN
gujaf-41	66	16	’s	’s	PART
gujaf-41	66	17	correlation	correlation	NOUN
gujaf-41	66	18	and	and	CCONJ
gujaf-41	66	19	regression	regression	VERB
gujaf-41	66	20	analysis	analysis	NOUN
gujaf-41	66	21	models	model	NOUN
gujaf-41	66	22	were	be	AUX
gujaf-41	66	23	employed	employ	VERB
gujaf-41	66	24	to	to	PART
gujaf-41	66	25	analyze	analyze	VERB
gujaf-41	66	26	the	the	DET
gujaf-41	66	27	panel	panel	NOUN
gujaf-41	66	28	data	datum	NOUN
gujaf-41	66	29	.	.	PUNCT
gujaf-41	67	1	their	their	PRON
gujaf-41	67	2	study	study	NOUN
gujaf-41	67	3	revealed	reveal	VERB
gujaf-41	67	4	that	that	SCONJ
gujaf-41	67	5	cash	cash	NOUN
gujaf-41	67	6	conversion	conversion	NOUN
gujaf-41	67	7	cycle	cycle	NOUN
gujaf-41	67	8	has	have	VERB
gujaf-41	67	9	negative	negative	ADJ
gujaf-41	67	10	significant	significant	ADJ
gujaf-41	67	11	effect	effect	NOUN
gujaf-41	67	12	on	on	ADP
gujaf-41	67	13	profitability	profitability	NOUN
gujaf-41	67	14	.	.	PUNCT
gujaf-41	68	1	still	still	ADV
gujaf-41	68	2	on	on	ADP
gujaf-41	68	3	ccc	ccc	PROPN
gujaf-41	68	4	impact	impact	NOUN
gujaf-41	68	5	on	on	ADP
gujaf-41	68	6	profitability	profitability	NOUN
gujaf-41	68	7	,	,	PUNCT
gujaf-41	68	8	usama	usama	NOUN
gujaf-41	68	9	(	(	PUNCT
gujaf-41	68	10	2012	2012	NUM
gujaf-41	68	11	)	)	PUNCT
gujaf-41	68	12	extended	extend	VERB
gujaf-41	68	13	the	the	DET
gujaf-41	68	14	work	work	NOUN
gujaf-41	68	15	of	of	ADP
gujaf-41	68	16	raheman	raheman	NOUN
gujaf-41	68	17	and	and	CCONJ
gujaf-41	68	18	nasr	nasr	PROPN
gujaf-41	68	19	(	(	PUNCT
gujaf-41	68	20	2007	2007	NUM
gujaf-41	68	21	)	)	PUNCT
gujaf-41	68	22	on	on	ADP
gujaf-41	68	23	liquidity	liquidity	NOUN
gujaf-41	68	24	management	management	NOUN
gujaf-41	68	25	and	and	CCONJ
gujaf-41	68	26	its	its	PRON
gujaf-41	68	27	effect	effect	NOUN
gujaf-41	68	28	on	on	ADP
gujaf-41	68	29	profitability	profitability	NOUN
gujaf-41	68	30	of	of	ADP
gujaf-41	68	31	pakistani	pakistani	ADJ
gujaf-41	68	32	firms	firm	NOUN
gujaf-41	68	33	,	,	PUNCT
gujaf-41	68	34	using	use	VERB
gujaf-41	68	35	a	a	DET
gujaf-41	68	36	sample	sample	NOUN
gujaf-41	68	37	of	of	ADP
gujaf-41	68	38	18	18	NUM
gujaf-41	68	39	food	food	NOUN
gujaf-41	68	40	companies	company	NOUN
gujaf-41	68	41	listed	list	VERB
gujaf-41	68	42	on	on	ADP
gujaf-41	68	43	karachi	karachi	PROPN
gujaf-41	68	44	stock	stock	PROPN
gujaf-41	68	45	exchange	exchange	PROPN
gujaf-41	68	46	for	for	ADP
gujaf-41	68	47	a	a	DET
gujaf-41	68	48	period	period	NOUN
gujaf-41	68	49	of	of	ADP
gujaf-41	68	50	5	5	NUM
gujaf-41	68	51	years	year	NOUN
gujaf-41	68	52	(	(	PUNCT
gujaf-41	68	53	2006	2006	NUM
gujaf-41	68	54	-	-	SYM
gujaf-41	68	55	2010	2010	NUM
gujaf-41	68	56	)	)	PUNCT
gujaf-41	68	57	.	.	PUNCT
gujaf-41	69	1	pooled	pool	VERB
gujaf-41	69	2	least	least	ADJ
gujaf-41	69	3	square	square	ADJ
gujaf-41	69	4	regression	regression	NOUN
gujaf-41	69	5	and	and	CCONJ
gujaf-41	69	6	common	common	ADJ
gujaf-41	69	7	effect	effect	NOUN
gujaf-41	69	8	model	model	NOUN
gujaf-41	69	9	were	be	AUX
gujaf-41	69	10	used	use	VERB
gujaf-41	69	11	to	to	PART
gujaf-41	69	12	analyzed	analyze	VERB
gujaf-41	69	13	the	the	DET
gujaf-41	69	14	extracts	extract	NOUN
gujaf-41	69	15	from	from	ADP
gujaf-41	69	16	the	the	DET
gujaf-41	69	17	firms	firm	NOUN
gujaf-41	69	18	’	’	PART
gujaf-41	69	19	financial	financial	ADJ
gujaf-41	69	20	statements	statement	NOUN
gujaf-41	69	21	.	.	PUNCT
gujaf-41	70	1	the	the	DET
gujaf-41	70	2	results	result	NOUN
gujaf-41	70	3	indicated	indicate	VERB
gujaf-41	70	4	a	a	DET
gujaf-41	70	5	significant	significant	ADJ
gujaf-41	70	6	positive	positive	ADJ
gujaf-41	70	7	relationship	relationship	NOUN
gujaf-41	70	8	between	between	ADP
gujaf-41	70	9	cash	cash	NOUN
gujaf-41	70	10	gusau	gusau	ADJ
gujaf-41	70	11	journal	journal	NOUN
gujaf-41	70	12	of	of	ADP
gujaf-41	70	13	accounting	accounting	NOUN
gujaf-41	70	14	and	and	CCONJ
gujaf-41	70	15	finance	finance	NOUN
gujaf-41	70	16	,	,	PUNCT
gujaf-41	70	17	vol	vol	NOUN
gujaf-41	70	18	.	.	PUNCT
gujaf-41	71	1	i	i	PRON
gujaf-41	71	2	,	,	PUNCT
gujaf-41	71	3	issue	issue	NOUN
gujaf-41	71	4	2	2	NUM
gujaf-41	71	5	,	,	PUNCT
gujaf-41	71	6	october	october	PROPN
gujaf-41	71	7	,	,	PUNCT
gujaf-41	71	8	2020	2020	NUM
gujaf-41	71	9	6	6	NUM
gujaf-41	71	10	conversion	conversion	NOUN
gujaf-41	71	11	cycle	cycle	NOUN
gujaf-41	71	12	which	which	PRON
gujaf-41	71	13	was	be	AUX
gujaf-41	71	14	used	use	VERB
gujaf-41	71	15	as	as	ADP
gujaf-41	71	16	a	a	DET
gujaf-41	71	17	measure	measure	NOUN
gujaf-41	71	18	of	of	ADP
gujaf-41	71	19	working	work	VERB
gujaf-41	71	20	capital	capital	NOUN
gujaf-41	71	21	management	management	NOUN
gujaf-41	71	22	and	and	CCONJ
gujaf-41	71	23	firm	firm	NOUN
gujaf-41	71	24	’s	’s	PART
gujaf-41	71	25	profitability	profitability	NOUN
gujaf-41	71	26	.	.	PUNCT
gujaf-41	72	1	average	average	ADJ
gujaf-41	72	2	period	period	NOUN
gujaf-41	72	3	of	of	ADP
gujaf-41	72	4	debt	debt	NOUN
gujaf-41	72	5	settlement	settlement	NOUN
gujaf-41	72	6	and	and	CCONJ
gujaf-41	72	7	profitability	profitability	NOUN
gujaf-41	72	8	rafiu	rafiu	NOUN
gujaf-41	72	9	and	and	CCONJ
gujaf-41	72	10	john	john	PROPN
gujaf-41	72	11	(	(	PUNCT
gujaf-41	72	12	2014	2014	NUM
gujaf-41	72	13	)	)	PUNCT
gujaf-41	72	14	found	find	VERB
gujaf-41	72	15	a	a	DET
gujaf-41	72	16	significant	significant	ADJ
gujaf-41	72	17	positive	positive	ADJ
gujaf-41	72	18	association	association	NOUN
gujaf-41	72	19	exists	exist	VERB
gujaf-41	72	20	between	between	ADP
gujaf-41	72	21	account	account	NOUN
gujaf-41	72	22	payment	payment	NOUN
gujaf-41	72	23	periods	period	NOUN
gujaf-41	72	24	and	and	CCONJ
gujaf-41	72	25	performance	performance	NOUN
gujaf-41	72	26	of	of	ADP
gujaf-41	72	27	manufacturing	manufacturing	NOUN
gujaf-41	72	28	firms	firm	NOUN
gujaf-41	72	29	in	in	ADP
gujaf-41	72	30	nigeria	nigeria	PROPN
gujaf-41	72	31	for	for	ADP
gujaf-41	72	32	the	the	DET
gujaf-41	72	33	period	period	NOUN
gujaf-41	72	34	of	of	ADP
gujaf-41	72	35	9	9	NUM
gujaf-41	72	36	years	year	NOUN
gujaf-41	72	37	(	(	PUNCT
gujaf-41	72	38	2000	2000	NUM
gujaf-41	72	39	-	-	SYM
gujaf-41	72	40	2009	2009	NUM
gujaf-41	72	41	)	)	PUNCT
gujaf-41	72	42	.	.	PUNCT
gujaf-41	73	1	the	the	DET
gujaf-41	73	2	panel	panel	NOUN
gujaf-41	73	3	data	datum	NOUN
gujaf-41	73	4	method	method	NOUN
gujaf-41	73	5	was	be	AUX
gujaf-41	73	6	adopted	adopt	VERB
gujaf-41	73	7	and	and	CCONJ
gujaf-41	73	8	the	the	DET
gujaf-41	73	9	data	datum	NOUN
gujaf-41	73	10	were	be	AUX
gujaf-41	73	11	analyzed	analyze	VERB
gujaf-41	73	12	using	use	VERB
gujaf-41	73	13	descriptive	descriptive	ADJ
gujaf-41	73	14	and	and	CCONJ
gujaf-41	73	15	inferential	inferential	ADJ
gujaf-41	73	16	statistics	statistic	NOUN
gujaf-41	73	17	for	for	ADP
gujaf-41	73	18	sixty	sixty	NUM
gujaf-41	73	19	listed	list	VERB
gujaf-41	73	20	firms	firm	NOUN
gujaf-41	73	21	out	out	ADP
gujaf-41	73	22	of	of	ADP
gujaf-41	73	23	237	237	NUM
gujaf-41	73	24	from	from	ADP
gujaf-41	73	25	nigerian	nigerian	ADJ
gujaf-41	73	26	stock	stock	NOUN
gujaf-41	73	27	exchange	exchange	NOUN
gujaf-41	73	28	.	.	PUNCT
gujaf-41	74	1	the	the	DET
gujaf-41	74	2	study	study	NOUN
gujaf-41	74	3	concluded	conclude	VERB
gujaf-41	74	4	that	that	SCONJ
gujaf-41	74	5	effective	effective	ADJ
gujaf-41	74	6	management	management	NOUN
gujaf-41	74	7	of	of	ADP
gujaf-41	74	8	working	work	VERB
gujaf-41	74	9	capital	capital	NOUN
gujaf-41	74	10	leads	lead	VERB
gujaf-41	74	11	to	to	ADP
gujaf-41	74	12	a	a	DET
gujaf-41	74	13	significant	significant	ADJ
gujaf-41	74	14	effect	effect	NOUN
gujaf-41	74	15	on	on	ADP
gujaf-41	74	16	performance	performance	NOUN
gujaf-41	74	17	of	of	ADP
gujaf-41	74	18	manufacturing	manufacturing	NOUN
gujaf-41	74	19	firm	firm	NOUN
gujaf-41	74	20	in	in	ADP
gujaf-41	74	21	nigeria	nigeria	PROPN
gujaf-41	74	22	.	.	PUNCT
gujaf-41	75	1	in	in	ADP
gujaf-41	75	2	a	a	DET
gujaf-41	75	3	related	relate	VERB
gujaf-41	75	4	development	development	NOUN
gujaf-41	75	5	,	,	PUNCT
gujaf-41	75	6	adeleke	adeleke	ADJ
gujaf-41	75	7	and	and	CCONJ
gujaf-41	75	8	mukolu	mukolu	PRON
gujaf-41	75	9	(	(	PUNCT
gujaf-41	75	10	2013	2013	NUM
gujaf-41	75	11	)	)	PUNCT
gujaf-41	75	12	on	on	ADP
gujaf-41	75	13	examination	examination	NOUN
gujaf-41	75	14	of	of	ADP
gujaf-41	75	15	the	the	DET
gujaf-41	75	16	relationship	relationship	NOUN
gujaf-41	75	17	between	between	ADP
gujaf-41	75	18	working	work	VERB
gujaf-41	75	19	capital	capital	NOUN
gujaf-41	75	20	management	management	NOUN
gujaf-41	75	21	and	and	CCONJ
gujaf-41	75	22	profitability	profitability	NOUN
gujaf-41	75	23	of	of	ADP
gujaf-41	75	24	manufacturing	manufacturing	NOUN
gujaf-41	75	25	firms	firm	NOUN
gujaf-41	75	26	listed	list	VERB
gujaf-41	75	27	in	in	ADP
gujaf-41	75	28	nigerian	nigerian	PROPN
gujaf-41	75	29	using	use	VERB
gujaf-41	75	30	secondary	secondary	ADJ
gujaf-41	75	31	data	datum	NOUN
gujaf-41	75	32	of	of	ADP
gujaf-41	75	33	120	120	NUM
gujaf-41	75	34	firm	firm	ADJ
gujaf-41	75	35	-	-	PUNCT
gujaf-41	75	36	year	year	NOUN
gujaf-41	75	37	observations	observation	NOUN
gujaf-41	75	38	of	of	ADP
gujaf-41	75	39	ten	ten	NUM
gujaf-41	75	40	years	year	NOUN
gujaf-41	75	41	(	(	PUNCT
gujaf-41	75	42	2002	2002	NUM
gujaf-41	75	43	and	and	CCONJ
gujaf-41	75	44	2011	2011	NUM
gujaf-41	75	45	)	)	PUNCT
gujaf-41	75	46	.	.	PUNCT
gujaf-41	76	1	the	the	DET
gujaf-41	76	2	data	datum	NOUN
gujaf-41	76	3	were	be	AUX
gujaf-41	76	4	analyzed	analyze	VERB
gujaf-41	76	5	using	use	VERB
gujaf-41	76	6	descriptive	descriptive	ADJ
gujaf-41	76	7	statistics	statistic	NOUN
gujaf-41	76	8	,	,	PUNCT
gujaf-41	76	9	correlation	correlation	NOUN
gujaf-41	76	10	analysis	analysis	NOUN
gujaf-41	76	11	and	and	CCONJ
gujaf-41	76	12	multiple	multiple	ADJ
gujaf-41	76	13	regression	regression	NOUN
gujaf-41	76	14	analysis	analysis	NOUN
gujaf-41	76	15	.	.	PUNCT
gujaf-41	77	1	the	the	DET
gujaf-41	77	2	study	study	NOUN
gujaf-41	77	3	revealed	reveal	VERB
gujaf-41	77	4	account	account	NOUN
gujaf-41	77	5	payment	payment	NOUN
gujaf-41	77	6	period	period	NOUN
gujaf-41	77	7	have	have	VERB
gujaf-41	77	8	insignificant	insignificant	ADJ
gujaf-41	77	9	negative	negative	ADJ
gujaf-41	77	10	relationship	relationship	NOUN
gujaf-41	77	11	with	with	ADP
gujaf-41	77	12	net	net	ADJ
gujaf-41	77	13	operating	operating	NOUN
gujaf-41	77	14	profit	profit	NOUN
gujaf-41	77	15	of	of	ADP
gujaf-41	77	16	food	food	NOUN
gujaf-41	77	17	and	and	CCONJ
gujaf-41	77	18	beverages	beverage	NOUN
gujaf-41	77	19	and	and	CCONJ
gujaf-41	77	20	manufacturing	manufacturing	NOUN
gujaf-41	77	21	companies	company	NOUN
gujaf-41	77	22	in	in	ADP
gujaf-41	77	23	nigeria	nigeria	PROPN
gujaf-41	77	24	.	.	PUNCT
gujaf-41	78	1	average	average	ADJ
gujaf-41	78	2	collection	collection	NOUN
gujaf-41	78	3	period	period	NOUN
gujaf-41	78	4	and	and	CCONJ
gujaf-41	78	5	profitability	profitability	NOUN
gujaf-41	78	6	zainab	zainab	PROPN
gujaf-41	78	7	et	et	PROPN
gujaf-41	78	8	al	al	PROPN
gujaf-41	78	9	(	(	PUNCT
gujaf-41	78	10	2020	2020	NUM
gujaf-41	78	11	)	)	PUNCT
gujaf-41	78	12	examined	examine	VERB
gujaf-41	78	13	the	the	DET
gujaf-41	78	14	assessment	assessment	NOUN
gujaf-41	78	15	of	of	ADP
gujaf-41	78	16	working	work	VERB
gujaf-41	78	17	capital	capital	NOUN
gujaf-41	78	18	management	management	NOUN
gujaf-41	78	19	on	on	ADP
gujaf-41	78	20	profitability	profitability	NOUN
gujaf-41	78	21	of	of	ADP
gujaf-41	78	22	listed	list	VERB
gujaf-41	78	23	manufacturing	manufacturing	NOUN
gujaf-41	78	24	firms	firm	NOUN
gujaf-41	78	25	in	in	ADP
gujaf-41	78	26	nigeria	nigeria	PROPN
gujaf-41	78	27	.	.	PUNCT
gujaf-41	79	1	accounts	account	NOUN
gujaf-41	79	2	receivable	receivable	ADJ
gujaf-41	79	3	,	,	PUNCT
gujaf-41	79	4	accounts	account	VERB
gujaf-41	79	5	payable	payable	ADJ
gujaf-41	79	6	,	,	PUNCT
gujaf-41	79	7	and	and	CCONJ
gujaf-41	79	8	cash	cash	NOUN
gujaf-41	79	9	conversion	conversion	NOUN
gujaf-41	79	10	cycle	cycle	NOUN
gujaf-41	79	11	was	be	AUX
gujaf-41	79	12	used	use	VERB
gujaf-41	79	13	as	as	ADP
gujaf-41	79	14	a	a	DET
gujaf-41	79	15	proxy	proxy	NOUN
gujaf-41	79	16	for	for	ADP
gujaf-41	79	17	working	work	VERB
gujaf-41	79	18	capital	capital	NOUN
gujaf-41	79	19	and	and	CCONJ
gujaf-41	79	20	serve	serve	VERB
gujaf-41	79	21	as	as	ADP
gujaf-41	79	22	independent	independent	ADJ
gujaf-41	79	23	variables	variable	NOUN
gujaf-41	79	24	,	,	PUNCT
gujaf-41	79	25	while	while	SCONJ
gujaf-41	79	26	return	return	NOUN
gujaf-41	79	27	on	on	ADP
gujaf-41	79	28	assets	asset	NOUN
gujaf-41	79	29	serves	serve	VERB
gujaf-41	79	30	as	as	ADP
gujaf-41	79	31	the	the	DET
gujaf-41	79	32	dependent	dependent	ADJ
gujaf-41	79	33	variable	variable	NOUN
gujaf-41	79	34	and	and	CCONJ
gujaf-41	79	35	was	be	AUX
gujaf-41	79	36	proxy	proxy	NOUN
gujaf-41	79	37	for	for	ADP
gujaf-41	79	38	profitability	profitability	NOUN
gujaf-41	79	39	.	.	PUNCT
gujaf-41	80	1	the	the	DET
gujaf-41	80	2	study	study	NOUN
gujaf-41	80	3	population	population	NOUN
gujaf-41	80	4	comprised	comprise	VERB
gujaf-41	80	5	all	all	DET
gujaf-41	80	6	manufacturing	manufacture	VERB
gujaf-41	80	7	firms	firm	NOUN
gujaf-41	80	8	listed	list	VERB
gujaf-41	80	9	in	in	ADP
gujaf-41	80	10	nigeria	nigeria	PROPN
gujaf-41	80	11	as	as	ADP
gujaf-41	80	12	at	at	ADP
gujaf-41	80	13	31st	31st	PROPN
gujaf-41	80	14	december	december	PROPN
gujaf-41	80	15	,	,	PUNCT
gujaf-41	80	16	2017	2017	NUM
gujaf-41	80	17	.	.	PUNCT
gujaf-41	81	1	the	the	DET
gujaf-41	81	2	study	study	NOUN
gujaf-41	81	3	found	find	VERB
gujaf-41	81	4	that	that	SCONJ
gujaf-41	81	5	accounts	account	VERB
gujaf-41	81	6	receivable	receivable	ADJ
gujaf-41	81	7	has	have	VERB
gujaf-41	81	8	a	a	DET
gujaf-41	81	9	negative	negative	ADJ
gujaf-41	81	10	insignificant	insignificant	ADJ
gujaf-41	81	11	impact	impact	NOUN
gujaf-41	81	12	on	on	ADP
gujaf-41	81	13	the	the	DET
gujaf-41	81	14	profitability	profitability	NOUN
gujaf-41	81	15	of	of	ADP
gujaf-41	81	16	manufacturing	manufacturing	NOUN
gujaf-41	81	17	firms	firm	NOUN
gujaf-41	81	18	listed	list	VERB
gujaf-41	81	19	in	in	ADP
gujaf-41	81	20	nigeria	nigeria	PROPN
gujaf-41	81	21	.	.	PUNCT
gujaf-41	82	1	the	the	DET
gujaf-41	82	2	accounts	account	NOUN
gujaf-41	82	3	payable	payable	ADJ
gujaf-41	82	4	was	be	AUX
gujaf-41	82	5	found	find	VERB
gujaf-41	82	6	to	to	PART
gujaf-41	82	7	be	be	AUX
gujaf-41	82	8	positive	positive	ADJ
gujaf-41	82	9	and	and	CCONJ
gujaf-41	82	10	significant	significant	ADJ
gujaf-41	82	11	in	in	ADP
gujaf-41	82	12	influencing	influence	VERB
gujaf-41	82	13	profitability	profitability	NOUN
gujaf-41	82	14	of	of	ADP
gujaf-41	82	15	manufacturing	manufacturing	NOUN
gujaf-41	82	16	firms	firm	NOUN
gujaf-41	82	17	listed	list	VERB
gujaf-41	82	18	in	in	ADP
gujaf-41	82	19	nigeria	nigeria	PROPN
gujaf-41	82	20	.	.	PUNCT
gujaf-41	83	1	also	also	ADV
gujaf-41	83	2	,	,	PUNCT
gujaf-41	83	3	cash	cash	NOUN
gujaf-41	83	4	conversion	conversion	NOUN
gujaf-41	83	5	cycle	cycle	NOUN
gujaf-41	83	6	is	be	AUX
gujaf-41	83	7	positive	positive	ADJ
gujaf-41	83	8	but	but	CCONJ
gujaf-41	83	9	insignificant	insignificant	ADJ
gujaf-41	83	10	at	at	ADP
gujaf-41	83	11	influencing	influence	VERB
gujaf-41	83	12	profitability	profitability	NOUN
gujaf-41	83	13	of	of	ADP
gujaf-41	83	14	manufacturing	manufacturing	NOUN
gujaf-41	83	15	firms	firm	NOUN
gujaf-41	83	16	listed	list	VERB
gujaf-41	83	17	in	in	ADP
gujaf-41	83	18	nigeria	nigeria	PROPN
gujaf-41	83	19	.	.	PUNCT
gujaf-41	84	1	in	in	ADP
gujaf-41	84	2	the	the	DET
gujaf-41	84	3	same	same	ADJ
gujaf-41	84	4	vain	vain	NOUN
gujaf-41	84	5	,	,	PUNCT
gujaf-41	84	6	chemis	chemis	X
gujaf-41	84	7	(	(	PUNCT
gujaf-41	84	8	2015	2015	NUM
gujaf-41	84	9	)	)	PUNCT
gujaf-41	84	10	examined	examine	VERB
gujaf-41	84	11	the	the	DET
gujaf-41	84	12	effect	effect	NOUN
gujaf-41	84	13	of	of	ADP
gujaf-41	84	14	working	work	VERB
gujaf-41	84	15	capital	capital	NOUN
gujaf-41	84	16	management	management	NOUN
gujaf-41	84	17	variables	variable	NOUN
gujaf-41	84	18	including	include	VERB
gujaf-41	84	19	the	the	DET
gujaf-41	84	20	average	average	ADJ
gujaf-41	84	21	collection	collection	NOUN
gujaf-41	84	22	period	period	NOUN
gujaf-41	84	23	,	,	PUNCT
gujaf-41	84	24	inventory	inventory	NOUN
gujaf-41	84	25	turnover	turnover	NOUN
gujaf-41	84	26	in	in	ADP
gujaf-41	84	27	days	day	NOUN
gujaf-41	84	28	,	,	PUNCT
gujaf-41	84	29	average	average	ADJ
gujaf-41	84	30	payment	payment	NOUN
gujaf-41	84	31	period	period	NOUN
gujaf-41	84	32	,	,	PUNCT
gujaf-41	84	33	cash	cash	NOUN
gujaf-41	84	34	conversion	conversion	NOUN
gujaf-41	84	35	cycle	cycle	NOUN
gujaf-41	84	36	.	.	PUNCT
gujaf-41	85	1	the	the	DET
gujaf-41	85	2	study	study	NOUN
gujaf-41	85	3	used	use	VERB
gujaf-41	85	4	secondary	secondary	ADJ
gujaf-41	85	5	data	datum	NOUN
gujaf-41	85	6	collectedfrom	collectedfrom	ADP
gujaf-41	85	7	8	8	NUM
gujaf-41	85	8	sugar	sugar	NOUN
gujaf-41	85	9	manufacturing	manufacturing	NOUN
gujaf-41	85	10	firms	firm	NOUN
gujaf-41	85	11	in	in	ADP
gujaf-41	85	12	kenya	kenya	PROPN
gujaf-41	85	13	gusau	gusau	PROPN
gujaf-41	85	14	journal	journal	PROPN
gujaf-41	85	15	of	of	ADP
gujaf-41	85	16	accounting	accounting	NOUN
gujaf-41	85	17	and	and	CCONJ
gujaf-41	85	18	finance	finance	NOUN
gujaf-41	85	19	,	,	PUNCT
gujaf-41	85	20	vol	vol	NOUN
gujaf-41	85	21	.	.	PUNCT
gujaf-41	86	1	i	i	PRON
gujaf-41	86	2	,	,	PUNCT
gujaf-41	86	3	issue	issue	NOUN
gujaf-41	86	4	2	2	NUM
gujaf-41	86	5	,	,	PUNCT
gujaf-41	86	6	october	october	PROPN
gujaf-41	86	7	,	,	PUNCT
gujaf-41	86	8	2020	2020	NUM
gujaf-41	86	9	7	7	NUM
gujaf-41	86	10	covering	cover	VERB
gujaf-41	86	11	the	the	DET
gujaf-41	86	12	period	period	NOUN
gujaf-41	86	13	from	from	ADP
gujaf-41	86	14	2008	2008	NUM
gujaf-41	86	15	-	-	SYM
gujaf-41	86	16	2013	2013	NUM
gujaf-41	86	17	.	.	PUNCT
gujaf-41	87	1	using	use	VERB
gujaf-41	87	2	earson	earson	NOUN
gujaf-41	87	3	’s	’s	PART
gujaf-41	87	4	correlation	correlation	NOUN
gujaf-41	87	5	and	and	CCONJ
gujaf-41	87	6	regression	regression	NOUN
gujaf-41	87	7	analysis	analysis	NOUN
gujaf-41	87	8	,	,	PUNCT
gujaf-41	87	9	the	the	DET
gujaf-41	87	10	study	study	NOUN
gujaf-41	87	11	finds	find	VERB
gujaf-41	87	12	a	a	DET
gujaf-41	87	13	significantly	significantly	ADV
gujaf-41	87	14	negative	negative	ADJ
gujaf-41	87	15	relationship	relationship	NOUN
gujaf-41	87	16	between	between	ADP
gujaf-41	87	17	variables	variable	NOUN
gujaf-41	87	18	of	of	ADP
gujaf-41	87	19	the	the	DET
gujaf-41	87	20	working	work	VERB
gujaf-41	87	21	capital	capital	NOUN
gujaf-41	87	22	management	management	NOUN
gujaf-41	87	23	such	such	ADJ
gujaf-41	87	24	as	as	ADP
gujaf-41	87	25	average	average	ADJ
gujaf-41	87	26	collection	collection	NOUN
gujaf-41	87	27	period	period	NOUN
gujaf-41	87	28	and	and	CCONJ
gujaf-41	87	29	profitability	profitability	NOUN
gujaf-41	87	30	of	of	ADP
gujaf-41	87	31	sugar	sugar	NOUN
gujaf-41	87	32	manufacturing	manufacturing	NOUN
gujaf-41	87	33	firms	firm	NOUN
gujaf-41	87	34	in	in	ADP
gujaf-41	87	35	kenya	kenya	PROPN
gujaf-41	87	36	.	.	PUNCT
gujaf-41	88	1	average	average	ADJ
gujaf-41	88	2	period	period	NOUN
gujaf-41	88	3	of	of	ADP
gujaf-41	88	4	inventory	inventory	NOUN
gujaf-41	88	5	retention	retention	NOUN
gujaf-41	88	6	and	and	CCONJ
gujaf-41	88	7	profitability	profitability	NOUN
gujaf-41	88	8	abdul	abdul	PROPN
gujaf-41	88	9	,	,	PUNCT
gujaf-41	88	10	talat	talat	PROPN
gujaf-41	88	11	and	and	CCONJ
gujaf-41	88	12	mahmood	mahmood	PROPN
gujaf-41	88	13	(	(	PUNCT
gujaf-41	88	14	2010	2010	NUM
gujaf-41	88	15	)	)	PUNCT
gujaf-41	89	1	,	,	PUNCT
gujaf-41	89	2	used	use	VERB
gujaf-41	89	3	204	204	NUM
gujaf-41	89	4	samples	sample	NOUN
gujaf-41	89	5	and	and	CCONJ
gujaf-41	89	6	examined	examine	VERB
gujaf-41	89	7	the	the	DET
gujaf-41	89	8	impact	impact	NOUN
gujaf-41	89	9	of	of	ADP
gujaf-41	89	10	working	work	VERB
gujaf-41	89	11	capital	capital	NOUN
gujaf-41	89	12	management	management	NOUN
gujaf-41	89	13	of	of	ADP
gujaf-41	89	14	firm	firm	NOUN
gujaf-41	89	15	’s	’s	PART
gujaf-41	89	16	performance	performance	NOUN
gujaf-41	89	17	in	in	ADP
gujaf-41	89	18	pakistan	pakistan	PROPN
gujaf-41	89	19	for	for	ADP
gujaf-41	89	20	the	the	DET
gujaf-41	89	21	period	period	NOUN
gujaf-41	89	22	1998	1998	NUM
gujaf-41	89	23	to	to	ADP
gujaf-41	89	24	2007.they	2007.they	PRON
gujaf-41	89	25	used	use	VERB
gujaf-41	89	26	balanced	balanced	ADJ
gujaf-41	89	27	panel	panel	NOUN
gujaf-41	89	28	data	datum	NOUN
gujaf-41	89	29	of	of	ADP
gujaf-41	89	30	manufacturing	manufacturing	NOUN
gujaf-41	89	31	firms	firm	NOUN
gujaf-41	89	32	listed	list	VERB
gujaf-41	89	33	on	on	ADP
gujaf-41	89	34	karachi	karachi	PROPN
gujaf-41	89	35	stock	stock	PROPN
gujaf-41	89	36	exchange	exchange	PROPN
gujaf-41	89	37	.	.	PUNCT
gujaf-41	90	1	the	the	DET
gujaf-41	90	2	dependent	dependent	ADJ
gujaf-41	90	3	variable	variable	NOUN
gujaf-41	90	4	is	be	AUX
gujaf-41	90	5	net	net	ADJ
gujaf-41	90	6	operating	operating	NOUN
gujaf-41	90	7	profit	profit	NOUN
gujaf-41	90	8	while	while	SCONJ
gujaf-41	90	9	the	the	DET
gujaf-41	90	10	independent	independent	ADJ
gujaf-41	90	11	variable	variable	NOUN
gujaf-41	90	12	is	be	AUX
gujaf-41	90	13	working	work	VERB
gujaf-41	90	14	capital	capital	NOUN
gujaf-41	90	15	management	management	NOUN
gujaf-41	90	16	proxies	proxy	NOUN
gujaf-41	90	17	by	by	ADP
gujaf-41	90	18	inventory	inventory	NOUN
gujaf-41	90	19	turnover	turnover	NOUN
gujaf-41	90	20	.	.	PUNCT
gujaf-41	91	1	the	the	DET
gujaf-41	91	2	result	result	NOUN
gujaf-41	91	3	shows	show	VERB
gujaf-41	91	4	that	that	SCONJ
gujaf-41	91	5	inventory	inventory	NOUN
gujaf-41	91	6	turnover	turnover	NOUN
gujaf-41	91	7	in	in	ADP
gujaf-41	91	8	days	day	NOUN
gujaf-41	91	9	are	be	AUX
gujaf-41	91	10	significantly	significantly	ADV
gujaf-41	91	11	affecting	affect	VERB
gujaf-41	91	12	the	the	DET
gujaf-41	91	13	performance	performance	NOUN
gujaf-41	91	14	of	of	ADP
gujaf-41	91	15	the	the	DET
gujaf-41	91	16	firms	firm	NOUN
gujaf-41	91	17	.	.	PUNCT
gujaf-41	92	1	in	in	ADP
gujaf-41	92	2	addition	addition	NOUN
gujaf-41	92	3	,	,	PUNCT
gujaf-41	92	4	raheman	raheman	NOUN
gujaf-41	92	5	and	and	CCONJ
gujaf-41	92	6	nasr	nasr	PROPN
gujaf-41	92	7	(	(	PUNCT
gujaf-41	92	8	2007	2007	NUM
gujaf-41	92	9	)	)	PUNCT
gujaf-41	92	10	analyzed	analyze	VERB
gujaf-41	92	11	the	the	DET
gujaf-41	92	12	effect	effect	NOUN
gujaf-41	92	13	of	of	ADP
gujaf-41	92	14	several	several	ADJ
gujaf-41	92	15	variables	variable	NOUN
gujaf-41	92	16	on	on	ADP
gujaf-41	92	17	net	net	ADJ
gujaf-41	92	18	operating	operating	NOUN
gujaf-41	92	19	profit	profit	NOUN
gujaf-41	92	20	which	which	PRON
gujaf-41	92	21	includes	include	VERB
gujaf-41	92	22	inventory	inventory	NOUN
gujaf-41	92	23	turnover	turnover	NOUN
gujaf-41	92	24	(	(	PUNCT
gujaf-41	92	25	ito	ito	NOUN
gujaf-41	92	26	)	)	PUNCT
gujaf-41	92	27	in	in	ADP
gujaf-41	92	28	days	day	NOUN
gujaf-41	92	29	using	use	VERB
gujaf-41	92	30	sample	sample	NOUN
gujaf-41	92	31	a	a	PRON
gujaf-41	92	32	of	of	ADP
gujaf-41	92	33	94	94	NUM
gujaf-41	92	34	pakistani	pakistani	ADJ
gujaf-41	92	35	listed	list	VERB
gujaf-41	92	36	companies	company	NOUN
gujaf-41	92	37	for	for	ADP
gujaf-41	92	38	6	6	NUM
gujaf-41	92	39	years	year	NOUN
gujaf-41	92	40	from	from	ADP
gujaf-41	92	41	1999	1999	NUM
gujaf-41	92	42	-	-	SYM
gujaf-41	92	43	2004	2004	NUM
gujaf-41	92	44	had	have	AUX
gujaf-41	92	45	been	be	AUX
gujaf-41	92	46	taken	take	VERB
gujaf-41	92	47	and	and	CCONJ
gujaf-41	92	48	concluded	conclude	VERB
gujaf-41	92	49	that	that	SCONJ
gujaf-41	92	50	managers	manager	NOUN
gujaf-41	92	51	can	can	AUX
gujaf-41	92	52	maximize	maximize	VERB
gujaf-41	92	53	shareholder	shareholder	NOUN
gujaf-41	92	54	value	value	NOUN
gujaf-41	92	55	by	by	ADP
gujaf-41	92	56	efficiently	efficiently	ADV
gujaf-41	92	57	managing	manage	VERB
gujaf-41	92	58	components	component	NOUN
gujaf-41	92	59	of	of	ADP
gujaf-41	92	60	cash	cash	NOUN
gujaf-41	92	61	conversion	conversion	NOUN
gujaf-41	92	62	cycle	cycle	NOUN
gujaf-41	92	63	(	(	PUNCT
gujaf-41	92	64	ccc	ccc	PROPN
gujaf-41	92	65	)	)	PUNCT
gujaf-41	92	66	and	and	CCONJ
gujaf-41	92	67	inventory	inventory	NOUN
gujaf-41	92	68	retention	retention	NOUN
gujaf-41	92	69	.	.	PUNCT
gujaf-41	93	1	the	the	DET
gujaf-41	93	2	finding	finding	NOUN
gujaf-41	93	3	shows	show	VERB
gujaf-41	93	4	that	that	SCONJ
gujaf-41	93	5	there	there	PRON
gujaf-41	93	6	exists	exist	VERB
gujaf-41	93	7	a	a	DET
gujaf-41	93	8	strong	strong	ADJ
gujaf-41	93	9	negative	negative	ADJ
gujaf-41	93	10	relation	relation	NOUN
gujaf-41	93	11	between	between	ADP
gujaf-41	93	12	firm	firm	NOUN
gujaf-41	93	13	’s	’s	PART
gujaf-41	93	14	profitability	profitability	NOUN
gujaf-41	93	15	and	and	CCONJ
gujaf-41	93	16	measures	measure	NOUN
gujaf-41	93	17	of	of	ADP
gujaf-41	93	18	working	work	VERB
gujaf-41	93	19	capital	capital	NOUN
gujaf-41	93	20	management	management	NOUN
gujaf-41	93	21	(	(	PUNCT
gujaf-41	93	22	wcm	wcm	NOUN
gujaf-41	93	23	)	)	PUNCT
gujaf-41	93	24	.	.	PUNCT
gujaf-41	94	1	most	most	ADJ
gujaf-41	94	2	of	of	ADP
gujaf-41	94	3	literatures	literature	NOUN
gujaf-41	94	4	reviewed	review	VERB
gujaf-41	94	5	for	for	ADP
gujaf-41	94	6	working	work	VERB
gujaf-41	94	7	capital	capital	NOUN
gujaf-41	94	8	management	management	NOUN
gujaf-41	94	9	variables	variable	NOUN
gujaf-41	94	10	in	in	ADP
gujaf-41	94	11	these	these	DET
gujaf-41	94	12	studies	study	NOUN
gujaf-41	94	13	shows	show	VERB
gujaf-41	94	14	that	that	SCONJ
gujaf-41	94	15	the	the	DET
gujaf-41	94	16	number	number	NOUN
gujaf-41	94	17	of	of	ADP
gujaf-41	94	18	years	year	NOUN
gujaf-41	94	19	for	for	ADP
gujaf-41	94	20	period	period	NOUN
gujaf-41	94	21	covered	cover	VERB
gujaf-41	94	22	were	be	AUX
gujaf-41	94	23	mostly	mostly	ADV
gujaf-41	94	24	less	less	ADJ
gujaf-41	94	25	than	than	ADP
gujaf-41	94	26	10	10	NUM
gujaf-41	94	27	years	year	NOUN
gujaf-41	94	28	and	and	CCONJ
gujaf-41	94	29	this	this	PRON
gujaf-41	94	30	is	be	AUX
gujaf-41	94	31	considered	consider	VERB
gujaf-41	94	32	as	as	ADP
gujaf-41	94	33	too	too	ADV
gujaf-41	94	34	small	small	ADJ
gujaf-41	94	35	and	and	CCONJ
gujaf-41	94	36	not	not	PART
gujaf-41	94	37	wide	wide	ADJ
gujaf-41	94	38	enough	enough	ADV
gujaf-41	94	39	for	for	ADP
gujaf-41	94	40	generalization	generalization	NOUN
gujaf-41	94	41	.	.	PUNCT
gujaf-41	95	1	also	also	ADV
gujaf-41	95	2	,	,	PUNCT
gujaf-41	95	3	none	none	NOUN
gujaf-41	95	4	of	of	ADP
gujaf-41	95	5	the	the	DET
gujaf-41	95	6	studies	study	NOUN
gujaf-41	95	7	in	in	ADP
gujaf-41	95	8	nigeria	nigeria	PROPN
gujaf-41	95	9	was	be	AUX
gujaf-41	95	10	carried	carry	VERB
gujaf-41	95	11	out	out	ADP
gujaf-41	95	12	on	on	ADP
gujaf-41	95	13	the	the	DET
gujaf-41	95	14	oil	oil	NOUN
gujaf-41	95	15	and	and	CCONJ
gujaf-41	95	16	gas	gas	NOUN
gujaf-41	95	17	domain	domain	NOUN
gujaf-41	95	18	and	and	CCONJ
gujaf-41	95	19	failed	fail	VERB
gujaf-41	95	20	to	to	PART
gujaf-41	95	21	considered	considered	VERB
gujaf-41	95	22	many	many	ADJ
gujaf-41	95	23	years	year	NOUN
gujaf-41	95	24	which	which	PRON
gujaf-41	95	25	would	would	AUX
gujaf-41	95	26	have	have	AUX
gujaf-41	95	27	make	make	VERB
gujaf-41	95	28	the	the	DET
gujaf-41	95	29	result	result	NOUN
gujaf-41	95	30	more	more	ADV
gujaf-41	95	31	robust	robust	ADJ
gujaf-41	95	32	2.2	2.2	NUM
gujaf-41	95	33	theoretical	theoretical	ADJ
gujaf-41	95	34	framework	framework	NOUN
gujaf-41	95	35	the	the	DET
gujaf-41	95	36	theory	theory	NOUN
gujaf-41	95	37	that	that	PRON
gujaf-41	95	38	underpins	underpin	VERB
gujaf-41	95	39	this	this	DET
gujaf-41	95	40	study	study	NOUN
gujaf-41	95	41	is	be	AUX
gujaf-41	95	42	the	the	DET
gujaf-41	95	43	resource	resource	NOUN
gujaf-41	95	44	dependency	dependency	NOUN
gujaf-41	95	45	theory	theory	NOUN
gujaf-41	95	46	and	and	CCONJ
gujaf-41	95	47	agency	agency	NOUN
gujaf-41	95	48	theory	theory	NOUN
gujaf-41	95	49	.	.	PUNCT
gujaf-41	96	1	from	from	ADP
gujaf-41	96	2	resource	resource	NOUN
gujaf-41	96	3	dependency	dependency	NOUN
gujaf-41	96	4	theory	theory	NOUN
gujaf-41	96	5	perspective	perspective	NOUN
gujaf-41	96	6	,	,	PUNCT
gujaf-41	96	7	it	it	PRON
gujaf-41	96	8	focuses	focus	VERB
gujaf-41	96	9	on	on	ADP
gujaf-41	96	10	efficiency	efficiency	NOUN
gujaf-41	96	11	as	as	ADP
gujaf-41	96	12	regards	regard	NOUN
gujaf-41	96	13	to	to	ADP
gujaf-41	96	14	the	the	DET
gujaf-41	96	15	time	time	NOUN
gujaf-41	96	16	the	the	DET
gujaf-41	96	17	firm	firm	NOUN
gujaf-41	96	18	realize	realize	VERB
gujaf-41	96	19	cash	cash	NOUN
gujaf-41	96	20	from	from	ADP
gujaf-41	96	21	its	its	PRON
gujaf-41	96	22	customers	customer	NOUN
gujaf-41	96	23	to	to	PART
gujaf-41	96	24	pay	pay	VERB
gujaf-41	96	25	off	off	ADP
gujaf-41	96	26	its	its	PRON
gujaf-41	96	27	creditors	creditor	NOUN
gujaf-41	96	28	in	in	ADP
gujaf-41	96	29	order	order	NOUN
gujaf-41	96	30	to	to	PART
gujaf-41	96	31	reduce	reduce	VERB
gujaf-41	96	32	the	the	DET
gujaf-41	96	33	risk	risk	NOUN
gujaf-41	96	34	of	of	ADP
gujaf-41	96	35	dependency	dependency	NOUN
gujaf-41	96	36	while	while	SCONJ
gujaf-41	96	37	from	from	ADP
gujaf-41	96	38	the	the	DET
gujaf-41	96	39	agency	agency	NOUN
gujaf-41	96	40	theory	theory	NOUN
gujaf-41	96	41	perspective	perspective	NOUN
gujaf-41	96	42	shows	show	VERB
gujaf-41	96	43	that	that	SCONJ
gujaf-41	96	44	working	work	VERB
gujaf-41	96	45	capital	capital	NOUN
gujaf-41	96	46	is	be	AUX
gujaf-41	96	47	a	a	DET
gujaf-41	96	48	managerial	managerial	ADJ
gujaf-41	96	49	activity	activity	NOUN
gujaf-41	96	50	that	that	PRON
gujaf-41	96	51	managers	manager	NOUN
gujaf-41	96	52	and	and	CCONJ
gujaf-41	96	53	shareholders	shareholder	NOUN
gujaf-41	96	54	of	of	ADP
gujaf-41	96	55	firms	firm	NOUN
gujaf-41	96	56	are	be	AUX
gujaf-41	96	57	expected	expect	VERB
gujaf-41	96	58	to	to	PART
gujaf-41	96	59	efficiently	efficiently	ADV
gujaf-41	96	60	used	use	VERB
gujaf-41	96	61	to	to	PART
gujaf-41	96	62	monitor	monitor	VERB
gujaf-41	96	63	and	and	CCONJ
gujaf-41	96	64	manage	manage	VERB
gujaf-41	96	65	profitability	profitability	NOUN
gujaf-41	96	66	and	and	CCONJ
gujaf-41	96	67	maximize	maximize	VERB
gujaf-41	96	68	the	the	DET
gujaf-41	96	69	owners	owner	NOUN
gujaf-41	96	70	’	'	PUNCT
gujaf-41	96	71	value	value	NOUN
gujaf-41	96	72	without	without	ADP
gujaf-41	96	73	the	the	DET
gujaf-41	96	74	usual	usual	ADJ
gujaf-41	96	75	gusau	gusau	ADJ
gujaf-41	96	76	journal	journal	NOUN
gujaf-41	96	77	of	of	ADP
gujaf-41	96	78	accounting	accounting	NOUN
gujaf-41	96	79	and	and	CCONJ
gujaf-41	96	80	finance	finance	NOUN
gujaf-41	96	81	,	,	PUNCT
gujaf-41	96	82	vol	vol	NOUN
gujaf-41	96	83	.	.	PUNCT
gujaf-41	97	1	i	i	PRON
gujaf-41	97	2	,	,	PUNCT
gujaf-41	97	3	issue	issue	NOUN
gujaf-41	97	4	2	2	NUM
gujaf-41	97	5	,	,	PUNCT
gujaf-41	97	6	october	october	PROPN
gujaf-41	97	7	,	,	PUNCT
gujaf-41	97	8	2020	2020	NUM
gujaf-41	97	9	8	8	NUM
gujaf-41	97	10	principalagent	principalagent	NOUN
gujaf-41	97	11	conflict	conflict	NOUN
gujaf-41	97	12	of	of	ADP
gujaf-41	97	13	interest	interest	NOUN
gujaf-41	97	14	.	.	PUNCT
gujaf-41	98	1	these	these	DET
gujaf-41	98	2	theories	theory	NOUN
gujaf-41	98	3	provide	provide	VERB
gujaf-41	98	4	a	a	DET
gujaf-41	98	5	framework	framework	NOUN
gujaf-41	98	6	and	and	CCONJ
gujaf-41	98	7	a	a	DET
gujaf-41	98	8	logical	logical	ADJ
gujaf-41	98	9	linkage	linkage	NOUN
gujaf-41	98	10	between	between	ADP
gujaf-41	98	11	the	the	DET
gujaf-41	98	12	working	work	VERB
gujaf-41	98	13	capital	capital	NOUN
gujaf-41	98	14	management	management	NOUN
gujaf-41	98	15	and	and	CCONJ
gujaf-41	98	16	financial	financial	ADJ
gujaf-41	98	17	performance	performance	NOUN
gujaf-41	98	18	.	.	PUNCT
gujaf-41	99	1	3	3	X
gujaf-41	99	2	.	.	X
gujaf-41	99	3	research	research	NOUN
gujaf-41	99	4	methodology	methodology	NOUN
gujaf-41	99	5	and	and	CCONJ
gujaf-41	99	6	model	model	NOUN
gujaf-41	99	7	specification	specification	NOUN
gujaf-41	99	8	this	this	DET
gujaf-41	99	9	study	study	NOUN
gujaf-41	99	10	is	be	AUX
gujaf-41	99	11	designed	design	VERB
gujaf-41	99	12	to	to	PART
gujaf-41	99	13	examine	examine	VERB
gujaf-41	99	14	the	the	DET
gujaf-41	99	15	impact	impact	NOUN
gujaf-41	99	16	of	of	ADP
gujaf-41	99	17	working	work	VERB
gujaf-41	99	18	capital	capital	NOUN
gujaf-41	99	19	management	management	NOUN
gujaf-41	99	20	on	on	ADP
gujaf-41	99	21	the	the	DET
gujaf-41	99	22	profitability	profitability	NOUN
gujaf-41	99	23	of	of	ADP
gujaf-41	99	24	listed	list	VERB
gujaf-41	99	25	oil	oil	NOUN
gujaf-41	99	26	and	and	CCONJ
gujaf-41	99	27	gas	gas	NOUN
gujaf-41	99	28	companies	company	NOUN
gujaf-41	99	29	in	in	ADP
gujaf-41	99	30	nigeria	nigeria	PROPN
gujaf-41	99	31	.	.	PUNCT
gujaf-41	100	1	the	the	DET
gujaf-41	100	2	study	study	NOUN
gujaf-41	100	3	used	use	VERB
gujaf-41	100	4	correlational	correlational	ADJ
gujaf-41	100	5	research	research	NOUN
gujaf-41	100	6	design	design	NOUN
gujaf-41	100	7	.	.	PUNCT
gujaf-41	101	1	this	this	PRON
gujaf-41	101	2	is	be	AUX
gujaf-41	101	3	consistent	consistent	ADJ
gujaf-41	101	4	with	with	ADP
gujaf-41	101	5	the	the	DET
gujaf-41	101	6	aim	aim	NOUN
gujaf-41	101	7	and	and	CCONJ
gujaf-41	101	8	objectives	objective	NOUN
gujaf-41	101	9	of	of	ADP
gujaf-41	101	10	the	the	DET
gujaf-41	101	11	study	study	NOUN
gujaf-41	101	12	.	.	PUNCT
gujaf-41	102	1	the	the	DET
gujaf-41	102	2	data	datum	NOUN
gujaf-41	102	3	for	for	ADP
gujaf-41	102	4	this	this	DET
gujaf-41	102	5	study	study	NOUN
gujaf-41	102	6	were	be	AUX
gujaf-41	102	7	obtained	obtain	VERB
gujaf-41	102	8	mainly	mainly	ADV
gujaf-41	102	9	from	from	ADP
gujaf-41	102	10	secondary	secondary	ADJ
gujaf-41	102	11	sources	source	NOUN
gujaf-41	102	12	which	which	PRON
gujaf-41	102	13	were	be	AUX
gujaf-41	102	14	extracted	extract	VERB
gujaf-41	102	15	from	from	ADP
gujaf-41	102	16	the	the	DET
gujaf-41	102	17	annual	annual	ADJ
gujaf-41	102	18	report	report	NOUN
gujaf-41	102	19	and	and	CCONJ
gujaf-41	102	20	account	account	NOUN
gujaf-41	102	21	of	of	ADP
gujaf-41	102	22	listed	list	VERB
gujaf-41	102	23	oil	oil	NOUN
gujaf-41	102	24	and	and	CCONJ
gujaf-41	102	25	gas	gas	NOUN
gujaf-41	102	26	companies	company	NOUN
gujaf-41	102	27	in	in	ADP
gujaf-41	102	28	nigeria	nigeria	PROPN
gujaf-41	102	29	.	.	PUNCT
gujaf-41	103	1	the	the	DET
gujaf-41	103	2	population	population	NOUN
gujaf-41	103	3	of	of	ADP
gujaf-41	103	4	the	the	DET
gujaf-41	103	5	study	study	NOUN
gujaf-41	103	6	is	be	AUX
gujaf-41	103	7	all	all	DET
gujaf-41	103	8	the	the	DET
gujaf-41	103	9	11	11	NUM
gujaf-41	103	10	listed	list	VERB
gujaf-41	103	11	oil	oil	NOUN
gujaf-41	103	12	and	and	CCONJ
gujaf-41	103	13	gas	gas	NOUN
gujaf-41	103	14	firms	firm	NOUN
gujaf-41	103	15	operating	operate	VERB
gujaf-41	103	16	in	in	ADP
gujaf-41	103	17	nigeria	nigeria	PROPN
gujaf-41	103	18	as	as	ADP
gujaf-41	103	19	at	at	ADP
gujaf-41	103	20	31st	31st	PROPN
gujaf-41	103	21	december	december	PROPN
gujaf-41	103	22	,	,	PUNCT
gujaf-41	103	23	2018	2018	NUM
gujaf-41	103	24	constituted	constitute	VERB
gujaf-41	103	25	the	the	DET
gujaf-41	103	26	population	population	NOUN
gujaf-41	103	27	of	of	ADP
gujaf-41	103	28	the	the	DET
gujaf-41	103	29	study	study	NOUN
gujaf-41	103	30	.	.	PUNCT
gujaf-41	104	1	to	to	PART
gujaf-41	104	2	arrive	arrive	VERB
gujaf-41	104	3	at	at	ADP
gujaf-41	104	4	the	the	DET
gujaf-41	104	5	sample	sample	NOUN
gujaf-41	104	6	size	size	NOUN
gujaf-41	104	7	,	,	PUNCT
gujaf-41	104	8	the	the	DET
gujaf-41	104	9	study	study	NOUN
gujaf-41	104	10	used	use	VERB
gujaf-41	104	11	all	all	DET
gujaf-41	104	12	the	the	DET
gujaf-41	104	13	companies	company	NOUN
gujaf-41	104	14	listed	list	VERB
gujaf-41	104	15	for	for	ADP
gujaf-41	104	16	the	the	DET
gujaf-41	104	17	purpose	purpose	NOUN
gujaf-41	104	18	of	of	ADP
gujaf-41	104	19	analysis	analysis	NOUN
gujaf-41	104	20	.	.	PUNCT
gujaf-41	105	1	the	the	DET
gujaf-41	105	2	justification	justification	NOUN
gujaf-41	105	3	for	for	ADP
gujaf-41	105	4	choosing	choose	VERB
gujaf-41	105	5	oil	oil	NOUN
gujaf-41	105	6	and	and	CCONJ
gujaf-41	105	7	gas	gas	NOUN
gujaf-41	105	8	companies	company	NOUN
gujaf-41	105	9	to	to	ADP
gujaf-41	105	10	the	the	DET
gujaf-41	105	11	best	good	ADJ
gujaf-41	105	12	of	of	ADP
gujaf-41	105	13	our	our	PRON
gujaf-41	105	14	knowledge	knowledge	NOUN
gujaf-41	105	15	is	be	AUX
gujaf-41	105	16	premised	premise	VERB
gujaf-41	105	17	on	on	ADP
gujaf-41	105	18	the	the	DET
gujaf-41	105	19	fact	fact	NOUN
gujaf-41	105	20	that	that	SCONJ
gujaf-41	105	21	,	,	PUNCT
gujaf-41	105	22	it	it	PRON
gujaf-41	105	23	is	be	AUX
gujaf-41	105	24	still	still	ADV
gujaf-41	105	25	an	an	DET
gujaf-41	105	26	area	area	NOUN
gujaf-41	105	27	with	with	ADP
gujaf-41	105	28	paucity	paucity	NOUN
gujaf-41	105	29	of	of	ADP
gujaf-41	105	30	studies	study	NOUN
gujaf-41	105	31	.	.	PUNCT
gujaf-41	106	1	this	this	DET
gujaf-41	106	2	research	research	NOUN
gujaf-41	106	3	work	work	NOUN
gujaf-41	106	4	is	be	AUX
gujaf-41	106	5	descriptive	descriptive	ADJ
gujaf-41	106	6	and	and	CCONJ
gujaf-41	106	7	highly	highly	ADV
gujaf-41	106	8	empirical	empirical	ADJ
gujaf-41	106	9	as	as	SCONJ
gujaf-41	106	10	it	it	PRON
gujaf-41	106	11	embraces	embrace	VERB
gujaf-41	106	12	the	the	DET
gujaf-41	106	13	use	use	NOUN
gujaf-41	106	14	of	of	ADP
gujaf-41	106	15	regression	regression	NOUN
gujaf-41	106	16	analysis	analysis	NOUN
gujaf-41	106	17	where	where	SCONJ
gujaf-41	106	18	ordinary	ordinary	ADJ
gujaf-41	106	19	least	least	ADJ
gujaf-41	106	20	square	square	ADJ
gujaf-41	106	21	technique	technique	NOUN
gujaf-41	106	22	is	be	AUX
gujaf-41	106	23	employed	employ	VERB
gujaf-41	106	24	.	.	PUNCT
gujaf-41	107	1	multiple	multiple	ADJ
gujaf-41	107	2	regressions	regression	NOUN
gujaf-41	107	3	were	be	AUX
gujaf-41	107	4	used	use	VERB
gujaf-41	107	5	for	for	ADP
gujaf-41	107	6	the	the	DET
gujaf-41	107	7	analysis	analysis	NOUN
gujaf-41	107	8	and	and	CCONJ
gujaf-41	107	9	stata	stata	VERB
gujaf-41	107	10	11.2	11.2	NUM
gujaf-41	107	11	was	be	AUX
gujaf-41	107	12	used	use	VERB
gujaf-41	107	13	to	to	PART
gujaf-41	107	14	run	run	VERB
gujaf-41	107	15	the	the	DET
gujaf-41	107	16	regression	regression	NOUN
gujaf-41	107	17	.	.	PUNCT
gujaf-41	108	1	table	table	NOUN
gujaf-41	108	2	3.1	3.1	NUM
gujaf-41	108	3	shows	show	VERB
gujaf-41	108	4	the	the	DET
gujaf-41	108	5	variable	variable	ADJ
gujaf-41	108	6	measurement	measurement	NOUN
gujaf-41	108	7	for	for	ADP
gujaf-41	108	8	the	the	DET
gujaf-41	108	9	study	study	NOUN
gujaf-41	108	10	.	.	PUNCT
gujaf-41	109	1	the	the	DET
gujaf-41	109	2	equation	equation	NOUN
gujaf-41	109	3	below	below	ADV
gujaf-41	109	4	represents	represent	VERB
gujaf-41	109	5	the	the	DET
gujaf-41	109	6	model	model	NOUN
gujaf-41	109	7	specification	specification	NOUN
gujaf-41	109	8	of	of	ADP
gujaf-41	109	9	the	the	DET
gujaf-41	109	10	study	study	NOUN
gujaf-41	109	11	using	use	VERB
gujaf-41	109	12	balanced	balanced	ADJ
gujaf-41	109	13	panel	panel	NOUN
gujaf-41	109	14	data	datum	NOUN
gujaf-41	109	15	of	of	ADP
gujaf-41	109	16	ordinary	ordinary	ADJ
gujaf-41	109	17	least	least	ADJ
gujaf-41	109	18	square	square	ADJ
gujaf-41	109	19	.	.	PUNCT
gujaf-41	110	1	this	this	DET
gujaf-41	110	2	equation	equation	NOUN
gujaf-41	110	3	is	be	AUX
gujaf-41	110	4	represented	represent	VERB
gujaf-41	110	5	as	as	SCONJ
gujaf-41	110	6	follows	follow	VERB
gujaf-41	110	7	:	:	PUNCT
gujaf-41	110	8	roait	roait	NOUN
gujaf-41	110	9	=	=	SYM
gujaf-41	110	10	α0	α0	ADJ
gujaf-41	110	11	+	+	CCONJ
gujaf-41	110	12	β1cccit	β1cccit	NOUN
gujaf-41	110	13	+	+	CCONJ
gujaf-41	110	14	β2apdrit	β2apdrit	VERB
gujaf-41	110	15	+	+	CCONJ
gujaf-41	110	16	β3acpit	β3acpit	NOUN
gujaf-41	110	17	+	+	CCONJ
gujaf-41	110	18	β4apirit	β4apirit	VERB
gujaf-41	111	1	+	+	CCONJ
gujaf-41	111	2	β5fsizeit	β5fsizeit	X
gujaf-41	112	1	+	+	CCONJ
gujaf-41	112	2	eit	eit	INTJ
gujaf-41	112	3	where	where	SCONJ
gujaf-41	112	4	:	:	PUNCT
gujaf-41	112	5	cccit	cccit	NOUN
gujaf-41	112	6	=	=	PUNCT
gujaf-41	112	7	cash	cash	NOUN
gujaf-41	112	8	conversion	conversion	NOUN
gujaf-41	112	9	circle	circle	NOUN
gujaf-41	112	10	;	;	PUNCT
gujaf-41	112	11	apdrit	apdrit	NOUN
gujaf-41	112	12	=	=	SYM
gujaf-41	112	13	average	average	ADJ
gujaf-41	112	14	period	period	NOUN
gujaf-41	112	15	of	of	ADP
gujaf-41	112	16	debt	debt	NOUN
gujaf-41	112	17	settlement	settlement	NOUN
gujaf-41	112	18	;	;	PUNCT
gujaf-41	112	19	acpit	acpit	NOUN
gujaf-41	112	20	=	=	PUNCT
gujaf-41	112	21	average	average	ADJ
gujaf-41	112	22	collection	collection	NOUN
gujaf-41	112	23	period	period	NOUN
gujaf-41	112	24	;	;	PUNCT
gujaf-41	112	25	apirit	apirit	NOUN
gujaf-41	112	26	=	=	SYM
gujaf-41	112	27	average	average	ADJ
gujaf-41	112	28	period	period	NOUN
gujaf-41	112	29	of	of	ADP
gujaf-41	112	30	inventory	inventory	NOUN
gujaf-41	112	31	retention	retention	NOUN
gujaf-41	112	32	fsizeit	fsizeit	NOUN
gujaf-41	113	1	=	=	NOUN
gujaf-41	113	2	firm	firm	ADJ
gujaf-41	113	3	size	size	NOUN
gujaf-41	113	4	;	;	PUNCT
gujaf-41	113	5	eit	eit	NOUN
gujaf-41	113	6	=	=	NOUN
gujaf-41	113	7	error	error	NOUN
gujaf-41	113	8	term	term	NOUN
gujaf-41	113	9	;	;	PUNCT
gujaf-41	113	10	α0	α0	PROPN
gujaf-41	113	11	=	=	PUNCT
gujaf-41	113	12	is	be	AUX
gujaf-41	113	13	the	the	DET
gujaf-41	113	14	intercept	intercept	NOUN
gujaf-41	113	15	;	;	PUNCT
gujaf-41	113	16	β1	β1	PROPN
gujaf-41	113	17	-	-	PUNCT
gujaf-41	113	18	β6	β6	NOUN
gujaf-41	114	1	=	=	NOUN
gujaf-41	115	1	coefficient	coefficient	NOUN
gujaf-41	115	2	of	of	ADP
gujaf-41	115	3	independent	independent	ADJ
gujaf-41	115	4	variables	variable	NOUN
gujaf-41	115	5	;	;	PUNCT
gujaf-41	115	6	it	it	PRON
gujaf-41	115	7	=	=	PUNCT
gujaf-41	115	8	firm	firm	NOUN
gujaf-41	115	9	i	i	PRON
gujaf-41	115	10	at	at	ADP
gujaf-41	115	11	time	time	NOUN
gujaf-41	115	12	t	t	PROPN
gujaf-41	115	13	gusau	gusau	PROPN
gujaf-41	115	14	journal	journal	PROPN
gujaf-41	115	15	of	of	ADP
gujaf-41	115	16	accounting	accounting	NOUN
gujaf-41	115	17	and	and	CCONJ
gujaf-41	115	18	finance	finance	NOUN
gujaf-41	115	19	,	,	PUNCT
gujaf-41	115	20	vol	vol	NOUN
gujaf-41	115	21	.	.	PUNCT
gujaf-41	116	1	i	i	PRON
gujaf-41	116	2	,	,	PUNCT
gujaf-41	116	3	issue	issue	NOUN
gujaf-41	116	4	2	2	NUM
gujaf-41	116	5	,	,	PUNCT
gujaf-41	116	6	october	october	PROPN
gujaf-41	116	7	,	,	PUNCT
gujaf-41	116	8	2020	2020	NUM
gujaf-41	116	9	9	9	NUM
gujaf-41	116	10	table	table	NOUN
gujaf-41	116	11	3.1	3.1	NUM
gujaf-41	116	12	:	:	PUNCT
gujaf-41	116	13	variable	variable	ADJ
gujaf-41	116	14	measurement	measurement	NOUN
gujaf-41	116	15	and	and	CCONJ
gujaf-41	116	16	definition	definition	NOUN
gujaf-41	116	17	variable	variable	ADJ
gujaf-41	116	18	acronym	acronym	NOUN
gujaf-41	116	19	variable	variable	ADJ
gujaf-41	116	20	name	name	NOUN
gujaf-41	116	21	variable	variable	ADJ
gujaf-41	116	22	measurement	measurement	NOUN
gujaf-41	116	23	source(s	source(s	PROPN
gujaf-41	116	24	)	)	PUNCT
gujaf-41	116	25	roa	roa	PROPN
gujaf-41	116	26	return	return	NOUN
gujaf-41	116	27	on	on	ADP
gujaf-41	116	28	assets	asset	NOUN
gujaf-41	116	29	profit	profit	NOUN
gujaf-41	116	30	after	after	ADP
gujaf-41	116	31	tax/	tax/	PROPN
gujaf-41	116	32	total	total	ADJ
gujaf-41	116	33	assets	asset	NOUN
gujaf-41	116	34	rehman	rehman	NOUN
gujaf-41	116	35	et.al	et.al	PROPN
gujaf-41	116	36	.	.	PUNCT
gujaf-41	117	1	(	(	PUNCT
gujaf-41	117	2	2015	2015	NUM
gujaf-41	117	3	)	)	PUNCT
gujaf-41	117	4	ccc	ccc	PROPN
gujaf-41	117	5	cash	cash	NOUN
gujaf-41	117	6	conversion	conversion	NOUN
gujaf-41	117	7	cycle	cycle	NOUN
gujaf-41	117	8	ard	ard	PROPN
gujaf-41	118	1	+	+	CCONJ
gujaf-41	118	2	it	it	PRON
gujaf-41	118	3	d	d	PROPN
gujaf-41	118	4	–	–	PUNCT
gujaf-41	118	5	apd	apd	PROPN
gujaf-41	118	6	gugong	gugong	NOUN
gujaf-41	118	7	,	,	PUNCT
gujaf-41	118	8	aitimon	aitimon	PROPN
gujaf-41	118	9	and	and	CCONJ
gujaf-41	118	10	alibaba	alibaba	PROPN
gujaf-41	118	11	(	(	PUNCT
gujaf-41	118	12	2019	2019	NUM
gujaf-41	118	13	)	)	PUNCT
gujaf-41	118	14	apdr	apdr	NOUN
gujaf-41	118	15	average	average	ADJ
gujaf-41	118	16	period	period	NOUN
gujaf-41	118	17	of	of	ADP
gujaf-41	118	18	debt	debt	NOUN
gujaf-41	118	19	settlement	settlement	NOUN
gujaf-41	118	20	trade	trade	NOUN
gujaf-41	118	21	debtors	debtor	NOUN
gujaf-41	118	22	*	*	SYM
gujaf-41	118	23	365/	365/	NUM
gujaf-41	118	24	credit	credit	NOUN
gujaf-41	118	25	sales	sale	NOUN
gujaf-41	118	26	usama	usama	NOUN
gujaf-41	118	27	(	(	PUNCT
gujaf-41	118	28	2012	2012	NUM
gujaf-41	118	29	)	)	PUNCT
gujaf-41	118	30	acp	acp	PROPN
gujaf-41	118	31	average	average	ADJ
gujaf-41	118	32	collection	collection	NOUN
gujaf-41	118	33	period	period	NOUN
gujaf-41	118	34	average	average	ADJ
gujaf-41	118	35	trade	trade	NOUN
gujaf-41	118	36	debtors*365	debtors*365	NOUN
gujaf-41	118	37	/	/	SYM
gujaf-41	118	38	turnover	turnover	NOUN
gujaf-41	118	39	rafiu	rafiu	NOUN
gujaf-41	118	40	and	and	CCONJ
gujaf-41	118	41	john	john	PROPN
gujaf-41	118	42	(	(	PUNCT
gujaf-41	118	43	2014	2014	NUM
gujaf-41	118	44	)	)	PUNCT
gujaf-41	118	45	apir	apir	NOUN
gujaf-41	118	46	average	average	ADJ
gujaf-41	118	47	period	period	NOUN
gujaf-41	118	48	of	of	ADP
gujaf-41	118	49	inventory	inventory	NOUN
gujaf-41	118	50	retention	retention	NOUN
gujaf-41	118	51	inventory	inventory	NOUN
gujaf-41	118	52	*	*	PUNCT
gujaf-41	118	53	365/	365/	NUM
gujaf-41	118	54	cost	cost	NOUN
gujaf-41	118	55	of	of	ADP
gujaf-41	118	56	sales	sale	NOUN
gujaf-41	118	57	lazaridis	lazaridi	NOUN
gujaf-41	118	58	(	(	PUNCT
gujaf-41	118	59	2006	2006	NUM
gujaf-41	118	60	)	)	PUNCT
gujaf-41	118	61	fsize	fsize	NOUN
gujaf-41	118	62	firm	firm	ADJ
gujaf-41	118	63	size	size	NOUN
gujaf-41	118	64	ln	ln	NOUN
gujaf-41	118	65	of	of	ADP
gujaf-41	118	66	total	total	ADJ
gujaf-41	118	67	assets	asset	NOUN
gujaf-41	118	68	gugong	gugong	NOUN
gujaf-41	118	69	,	,	PUNCT
gujaf-41	118	70	alibaba	alibaba	PROPN
gujaf-41	118	71	and	and	CCONJ
gujaf-41	118	72	aitimon	aitimon	PROPN
gujaf-41	118	73	(	(	PUNCT
gujaf-41	118	74	2019	2019	NUM
gujaf-41	118	75	)	)	PUNCT
gujaf-41	118	76	source	source	NOUN
gujaf-41	118	77	:	:	PUNCT
gujaf-41	118	78	computed	compute	VERB
gujaf-41	118	79	by	by	ADP
gujaf-41	118	80	author	author	NOUN
gujaf-41	118	81	based	base	VERB
gujaf-41	118	82	on	on	ADP
gujaf-41	118	83	literature	literature	NOUN
gujaf-41	118	84	(	(	PUNCT
gujaf-41	118	85	2020	2020	NUM
gujaf-41	118	86	)	)	PUNCT
gujaf-41	118	87	additionally	additionally	ADV
gujaf-41	118	88	,	,	PUNCT
gujaf-41	118	89	the	the	DET
gujaf-41	118	90	study	study	NOUN
gujaf-41	118	91	conducted	conduct	VERB
gujaf-41	118	92	robustness	robustness	NOUN
gujaf-41	118	93	tests	test	NOUN
gujaf-41	118	94	to	to	PART
gujaf-41	118	95	ensure	ensure	VERB
gujaf-41	118	96	the	the	DET
gujaf-41	118	97	validity	validity	NOUN
gujaf-41	118	98	and	and	CCONJ
gujaf-41	118	99	fitness	fitness	NOUN
gujaf-41	118	100	of	of	ADP
gujaf-41	118	101	the	the	DET
gujaf-41	118	102	results	result	NOUN
gujaf-41	118	103	.	.	PUNCT
gujaf-41	119	1	hence	hence	ADV
gujaf-41	119	2	,	,	PUNCT
gujaf-41	119	3	various	various	ADJ
gujaf-41	119	4	tests	test	NOUN
gujaf-41	119	5	were	be	AUX
gujaf-41	119	6	conducted	conduct	VERB
gujaf-41	119	7	,	,	PUNCT
gujaf-41	119	8	such	such	ADJ
gujaf-41	119	9	as	as	ADP
gujaf-41	119	10	multicolinearity	multicolinearity	NOUN
gujaf-41	119	11	test	test	NOUN
gujaf-41	119	12	,	,	PUNCT
gujaf-41	119	13	normality	normality	NOUN
gujaf-41	119	14	test	test	NOUN
gujaf-41	119	15	and	and	CCONJ
gujaf-41	119	16	heteroscedasticity	heteroscedasticity	NOUN
gujaf-41	119	17	test	test	NOUN
gujaf-41	119	18	.	.	PUNCT
gujaf-41	120	1	the	the	DET
gujaf-41	120	2	reason	reason	NOUN
gujaf-41	120	3	for	for	ADP
gujaf-41	120	4	adopting	adopt	VERB
gujaf-41	120	5	this	this	DET
gujaf-41	120	6	technique	technique	NOUN
gujaf-41	120	7	is	be	AUX
gujaf-41	120	8	based	base	VERB
gujaf-41	120	9	on	on	ADP
gujaf-41	120	10	the	the	DET
gujaf-41	120	11	fact	fact	NOUN
gujaf-41	120	12	that	that	SCONJ
gujaf-41	120	13	both	both	CCONJ
gujaf-41	120	14	the	the	DET
gujaf-41	120	15	technique	technique	NOUN
gujaf-41	120	16	and	and	CCONJ
gujaf-41	120	17	tool	tool	NOUN
gujaf-41	120	18	are	be	AUX
gujaf-41	120	19	more	more	ADV
gujaf-41	120	20	informative	informative	ADJ
gujaf-41	120	21	as	as	SCONJ
gujaf-41	120	22	estimates	estimate	NOUN
gujaf-41	120	23	are	be	AUX
gujaf-41	120	24	more	more	ADV
gujaf-41	120	25	efficient	efficient	ADJ
gujaf-41	120	26	under	under	ADP
gujaf-41	120	27	it	it	PRON
gujaf-41	120	28	.	.	PUNCT
gujaf-41	121	1	this	this	DET
gujaf-41	121	2	technique	technique	NOUN
gujaf-41	121	3	and	and	CCONJ
gujaf-41	121	4	tool	tool	NOUN
gujaf-41	121	5	of	of	ADP
gujaf-41	121	6	analysis	analysis	NOUN
gujaf-41	121	7	gives	give	VERB
gujaf-41	121	8	information	information	NOUN
gujaf-41	121	9	on	on	ADP
gujaf-41	121	10	the	the	DET
gujaf-41	121	11	time	time	NOUN
gujaf-41	121	12	-	-	PUNCT
gujaf-41	121	13	ordering	ordering	NOUN
gujaf-41	121	14	of	of	ADP
gujaf-41	121	15	events	event	NOUN
gujaf-41	121	16	,	,	PUNCT
gujaf-41	121	17	they	they	PRON
gujaf-41	121	18	also	also	ADV
gujaf-41	121	19	allow	allow	VERB
gujaf-41	121	20	for	for	ADP
gujaf-41	121	21	control	control	NOUN
gujaf-41	121	22	of	of	ADP
gujaf-41	121	23	individual	individual	ADJ
gujaf-41	121	24	unobserved	unobserved	ADJ
gujaf-41	121	25	heterogeneity	heterogeneity	NOUN
gujaf-41	121	26	in	in	ADP
gujaf-41	121	27	the	the	DET
gujaf-41	121	28	data	datum	NOUN
gujaf-41	121	29	.	.	PUNCT
gujaf-41	122	1	4	4	X
gujaf-41	122	2	.	.	X
gujaf-41	122	3	result	result	NOUN
gujaf-41	122	4	and	and	CCONJ
gujaf-41	122	5	discussion	discussion	NOUN
gujaf-41	122	6	4.1	4.1	NUM
gujaf-41	122	7	descriptive	descriptive	ADJ
gujaf-41	122	8	statistics	statistic	NOUN
gujaf-41	122	9	table	table	NOUN
gujaf-41	122	10	4.1	4.1	NUM
gujaf-41	122	11	:	:	PUNCT
gujaf-41	122	12	descriptive	descriptive	ADJ
gujaf-41	122	13	statistics	statistic	NOUN
gujaf-41	122	14	of	of	ADP
gujaf-41	122	15	the	the	DET
gujaf-41	122	16	variables	variable	NOUN
gujaf-41	122	17	gusau	gusau	ADJ
gujaf-41	122	18	journal	journal	NOUN
gujaf-41	122	19	of	of	ADP
gujaf-41	122	20	accounting	accounting	NOUN
gujaf-41	122	21	and	and	CCONJ
gujaf-41	122	22	finance	finance	NOUN
gujaf-41	122	23	,	,	PUNCT
gujaf-41	122	24	vol	vol	NOUN
gujaf-41	122	25	.	.	PUNCT
gujaf-41	123	1	i	i	PRON
gujaf-41	123	2	,	,	PUNCT
gujaf-41	123	3	issue	issue	NOUN
gujaf-41	123	4	2	2	NUM
gujaf-41	123	5	,	,	PUNCT
gujaf-41	123	6	october	october	PROPN
gujaf-41	123	7	,	,	PUNCT
gujaf-41	123	8	2020	2020	NUM
gujaf-41	123	9	10	10	NUM
gujaf-41	123	10	variables	variable	NOUN
gujaf-41	123	11	obs	obs	PROPN
gujaf-41	123	12	mean	mean	VERB
gujaf-41	123	13	std	std	PROPN
gujaf-41	123	14	.	.	PROPN
gujaf-41	124	1	dev	dev	PROPN
gujaf-41	124	2	.	.	PUNCT
gujaf-41	125	1	minimum	minimum	PROPN
gujaf-41	125	2	maximum	maximum	PROPN
gujaf-41	125	3	skewness	skewness	NOUN
gujaf-41	125	4	kurtosis	kurtosis	NOUN
gujaf-41	125	5	roa	roa	PROPN
gujaf-41	125	6	88	88	NUM
gujaf-41	125	7	0.016	0.016	NUM
gujaf-41	125	8	0.014	0.014	NUM
gujaf-41	125	9	-0.03	-0.03	NUM
gujaf-41	125	10	0.05	0.05	NUM
gujaf-41	125	11	-0.547	-0.547	SYM
gujaf-41	125	12	4.538	4.538	NUM
gujaf-41	125	13	ccc	ccc	NOUN
gujaf-41	125	14	88	88	NUM
gujaf-41	125	15	23.59	23.59	NUM
gujaf-41	125	16	9.520	9.520	NUM
gujaf-41	125	17	10	10	NUM
gujaf-41	125	18	60	60	NUM
gujaf-41	125	19	2.425	2.425	NUM
gujaf-41	125	20	9.549	9.549	NUM
gujaf-41	125	21	apdr	apdr	NOUN
gujaf-41	125	22	88	88	NUM
gujaf-41	125	23	10.55	10.55	NUM
gujaf-41	125	24	2.075	2.075	NUM
gujaf-41	125	25	7	7	NUM
gujaf-41	125	26	15.56	15.56	NUM
gujaf-41	125	27	0.703	0.703	NUM
gujaf-41	125	28	2.923	2.923	NUM
gujaf-41	125	29	acp	acp	PROPN
gujaf-41	125	30	88	88	NUM
gujaf-41	125	31	1.989	1.989	NUM
gujaf-41	125	32	1.301	1.301	NUM
gujaf-41	125	33	0.1	0.1	NUM
gujaf-41	125	34	6.29	6.29	NUM
gujaf-41	125	35	0.977	0.977	NUM
gujaf-41	125	36	3.810	3.810	NUM
gujaf-41	125	37	apir	apir	NOUN
gujaf-41	125	38	88	88	NUM
gujaf-41	125	39	2.142	2.142	NUM
gujaf-41	125	40	1.769	1.769	NUM
gujaf-41	125	41	0.1	0.1	NUM
gujaf-41	125	42	13.06	13.06	NUM
gujaf-41	125	43	2.985	2.985	NUM
gujaf-41	125	44	17.89	17.89	NUM
gujaf-41	125	45	fs	fs	ADP
gujaf-41	125	46	88	88	NUM
gujaf-41	125	47	16.65	16.65	NUM
gujaf-41	125	48	3.430	3.430	NUM
gujaf-41	125	49	11.7	11.7	NUM
gujaf-41	125	50	21.21	21.21	NUM
gujaf-41	125	51	0.150	0.150	NUM
gujaf-41	125	52	1.215	1.215	NUM
gujaf-41	125	53	source	source	NOUN
gujaf-41	125	54	:	:	PUNCT
gujaf-41	125	55	extracted	extract	VERB
gujaf-41	125	56	from	from	ADP
gujaf-41	125	57	stata	stata	NOUN
gujaf-41	125	58	(	(	PUNCT
gujaf-41	125	59	appendix	appendix	VERB
gujaf-41	125	60	a	a	PRON
gujaf-41	125	61	)	)	PUNCT
gujaf-41	125	62	table	table	NOUN
gujaf-41	125	63	4.1	4.1	NUM
gujaf-41	125	64	shows	show	VERB
gujaf-41	125	65	that	that	SCONJ
gujaf-41	125	66	the	the	DET
gujaf-41	125	67	measure	measure	NOUN
gujaf-41	125	68	of	of	ADP
gujaf-41	125	69	return	return	NOUN
gujaf-41	125	70	on	on	ADP
gujaf-41	125	71	asset	asset	NOUN
gujaf-41	125	72	(	(	PUNCT
gujaf-41	125	73	roa	roa	PROPN
gujaf-41	125	74	)	)	PUNCT
gujaf-41	125	75	of	of	ADP
gujaf-41	125	76	the	the	DET
gujaf-41	125	77	listed	list	VERB
gujaf-41	125	78	oil	oil	NOUN
gujaf-41	125	79	and	and	CCONJ
gujaf-41	125	80	gas	gas	NOUN
gujaf-41	125	81	firms	firm	NOUN
gujaf-41	125	82	in	in	ADP
gujaf-41	125	83	nigeria	nigeria	PROPN
gujaf-41	125	84	has	have	VERB
gujaf-41	125	85	a	a	DET
gujaf-41	125	86	mean	mean	ADJ
gujaf-41	125	87	value	value	NOUN
gujaf-41	125	88	of	of	ADP
gujaf-41	125	89	0.016	0.016	NUM
gujaf-41	125	90	with	with	ADP
gujaf-41	125	91	standard	standard	ADJ
gujaf-41	125	92	deviation	deviation	NOUN
gujaf-41	125	93	of	of	ADP
gujaf-41	125	94	0.014	0.014	NUM
gujaf-41	125	95	,	,	PUNCT
gujaf-41	125	96	and	and	CCONJ
gujaf-41	125	97	minimum	minimum	ADJ
gujaf-41	125	98	and	and	CCONJ
gujaf-41	125	99	maximum	maximum	ADJ
gujaf-41	125	100	values	value	NOUN
gujaf-41	125	101	of	of	ADP
gujaf-41	125	102	-0.03	-0.03	NUM
gujaf-41	125	103	and	and	CCONJ
gujaf-41	125	104	0.05	0.05	NUM
gujaf-41	125	105	respectively	respectively	ADV
gujaf-41	125	106	.	.	PUNCT
gujaf-41	126	1	this	this	PRON
gujaf-41	126	2	implies	imply	VERB
gujaf-41	126	3	that	that	SCONJ
gujaf-41	126	4	the	the	DET
gujaf-41	126	5	average	average	ADJ
gujaf-41	126	6	return	return	NOUN
gujaf-41	126	7	on	on	ADP
gujaf-41	126	8	asset	asset	NOUN
gujaf-41	126	9	of	of	ADP
gujaf-41	126	10	the	the	DET
gujaf-41	126	11	listed	list	VERB
gujaf-41	126	12	oil	oil	NOUN
gujaf-41	126	13	and	and	CCONJ
gujaf-41	126	14	gas	gas	NOUN
gujaf-41	126	15	firms	firm	NOUN
gujaf-41	126	16	in	in	ADP
gujaf-41	126	17	nigeria	nigeria	PROPN
gujaf-41	126	18	is	be	AUX
gujaf-41	126	19	between	between	ADP
gujaf-41	126	20	0.016	0.016	NUM
gujaf-41	126	21	and	and	CCONJ
gujaf-41	126	22	it	it	PRON
gujaf-41	126	23	ranges	range	VERB
gujaf-41	126	24	from	from	ADP
gujaf-41	126	25	a	a	DET
gujaf-41	126	26	loss	loss	NOUN
gujaf-41	126	27	of	of	ADP
gujaf-41	126	28	-0.03	-0.03	NUM
gujaf-41	126	29	to	to	ADP
gujaf-41	126	30	a	a	DET
gujaf-41	126	31	profit	profit	NOUN
gujaf-41	126	32	of	of	ADP
gujaf-41	126	33	0.05	0.05	NUM
gujaf-41	126	34	,	,	PUNCT
gujaf-41	126	35	and	and	CCONJ
gujaf-41	126	36	the	the	DET
gujaf-41	126	37	deviation	deviation	NOUN
gujaf-41	126	38	from	from	ADP
gujaf-41	126	39	both	both	DET
gujaf-41	126	40	sides	side	NOUN
gujaf-41	126	41	of	of	ADP
gujaf-41	126	42	the	the	DET
gujaf-41	126	43	mean	mean	NOUN
gujaf-41	126	44	is	be	AUX
gujaf-41	126	45	0.014	0.014	NUM
gujaf-41	126	46	.	.	PUNCT
gujaf-41	127	1	the	the	DET
gujaf-41	127	2	peak	peak	NOUN
gujaf-41	127	3	of	of	ADP
gujaf-41	127	4	the	the	DET
gujaf-41	127	5	data	data	NOUN
gujaf-41	127	6	is	be	AUX
gujaf-41	127	7	indicated	indicate	VERB
gujaf-41	127	8	by	by	ADP
gujaf-41	127	9	the	the	DET
gujaf-41	127	10	kurtosis	kurtosis	NOUN
gujaf-41	127	11	value	value	NOUN
gujaf-41	127	12	of	of	ADP
gujaf-41	127	13	4.538	4.538	NUM
gujaf-41	127	14	(	(	PUNCT
gujaf-41	127	15	greater	great	ADJ
gujaf-41	127	16	than	than	ADP
gujaf-41	127	17	3	3	NUM
gujaf-41	127	18	)	)	PUNCT
gujaf-41	127	19	.	.	PUNCT
gujaf-41	128	1	the	the	DET
gujaf-41	128	2	coefficient	coefficient	NOUN
gujaf-41	128	3	of	of	ADP
gujaf-41	128	4	skewness	skewness	NOUN
gujaf-41	128	5	of	of	ADP
gujaf-41	128	6	0.547	0.547	NUM
gujaf-41	128	7	implies	imply	VERB
gujaf-41	128	8	that	that	SCONJ
gujaf-41	128	9	,	,	PUNCT
gujaf-41	128	10	the	the	DET
gujaf-41	128	11	data	data	NOUN
gujaf-41	128	12	is	be	AUX
gujaf-41	128	13	negatively	negatively	ADV
gujaf-41	128	14	skewed	skewed	ADJ
gujaf-41	128	15	(	(	PUNCT
gujaf-41	128	16	that	that	PRON
gujaf-41	128	17	is	is	ADV
gujaf-41	128	18	,	,	PUNCT
gujaf-41	128	19	most	most	ADJ
gujaf-41	128	20	of	of	ADP
gujaf-41	128	21	the	the	DET
gujaf-41	128	22	data	datum	NOUN
gujaf-41	128	23	are	be	AUX
gujaf-41	128	24	on	on	ADP
gujaf-41	128	25	the	the	DET
gujaf-41	128	26	left	left	ADJ
gujaf-41	128	27	side	side	NOUN
gujaf-41	128	28	of	of	ADP
gujaf-41	128	29	the	the	DET
gujaf-41	128	30	normal	normal	ADJ
gujaf-41	128	31	curve	curve	NOUN
gujaf-41	128	32	.	.	PUNCT
gujaf-41	129	1	the	the	DET
gujaf-41	129	2	table	table	NOUN
gujaf-41	129	3	also	also	ADV
gujaf-41	129	4	indicates	indicate	VERB
gujaf-41	129	5	that	that	SCONJ
gujaf-41	129	6	cash	cash	NOUN
gujaf-41	129	7	conversion	conversion	NOUN
gujaf-41	129	8	cycle	cycle	NOUN
gujaf-41	129	9	(	(	PUNCT
gujaf-41	129	10	ccc	ccc	PROPN
gujaf-41	129	11	)	)	PUNCT
gujaf-41	129	12	has	have	VERB
gujaf-41	129	13	a	a	DET
gujaf-41	129	14	mean	mean	ADJ
gujaf-41	129	15	value	value	NOUN
gujaf-41	129	16	of	of	ADP
gujaf-41	129	17	23.59	23.59	NUM
gujaf-41	129	18	with	with	ADP
gujaf-41	129	19	standard	standard	ADJ
gujaf-41	129	20	deviation	deviation	NOUN
gujaf-41	129	21	of	of	ADP
gujaf-41	129	22	9.520	9.520	NUM
gujaf-41	129	23	and	and	CCONJ
gujaf-41	129	24	the	the	DET
gujaf-41	129	25	minimum	minimum	ADJ
gujaf-41	129	26	and	and	CCONJ
gujaf-41	129	27	maximum	maximum	ADJ
gujaf-41	129	28	values	value	NOUN
gujaf-41	129	29	of	of	ADP
gujaf-41	129	30	10	10	NUM
gujaf-41	129	31	and	and	CCONJ
gujaf-41	129	32	60	60	NUM
gujaf-41	129	33	respectively	respectively	ADV
gujaf-41	129	34	.	.	PUNCT
gujaf-41	130	1	the	the	DET
gujaf-41	130	2	standard	standard	ADJ
gujaf-41	130	3	deviation	deviation	NOUN
gujaf-41	130	4	value	value	NOUN
gujaf-41	130	5	of	of	ADP
gujaf-41	130	6	9.520	9.520	NUM
gujaf-41	130	7	signifies	signifie	NOUN
gujaf-41	130	8	that	that	SCONJ
gujaf-41	130	9	there	there	PRON
gujaf-41	130	10	is	be	VERB
gujaf-41	130	11	a	a	DET
gujaf-41	130	12	mild	mild	ADJ
gujaf-41	130	13	dispersion	dispersion	NOUN
gujaf-41	130	14	or	or	CCONJ
gujaf-41	130	15	variability	variability	NOUN
gujaf-41	130	16	of	of	ADP
gujaf-41	130	17	cash	cash	NOUN
gujaf-41	130	18	conversion	conversion	NOUN
gujaf-41	130	19	circle	circle	NOUN
gujaf-41	130	20	among	among	ADP
gujaf-41	130	21	firms	firm	NOUN
gujaf-41	130	22	because	because	SCONJ
gujaf-41	130	23	the	the	DET
gujaf-41	130	24	standard	standard	ADJ
gujaf-41	130	25	deviation	deviation	NOUN
gujaf-41	130	26	of	of	ADP
gujaf-41	130	27	9.520	9.520	NUM
gujaf-41	130	28	is	be	AUX
gujaf-41	130	29	lower	low	ADJ
gujaf-41	130	30	than	than	ADP
gujaf-41	130	31	the	the	DET
gujaf-41	130	32	mean	mean	NOUN
gujaf-41	130	33	of	of	ADP
gujaf-41	130	34	23.59	23.59	NUM
gujaf-41	130	35	.	.	PUNCT
gujaf-41	131	1	the	the	DET
gujaf-41	131	2	skewness	skewness	NOUN
gujaf-41	131	3	value	value	NOUN
gujaf-41	131	4	of	of	ADP
gujaf-41	131	5	2.425	2.425	NUM
gujaf-41	131	6	implies	imply	VERB
gujaf-41	131	7	that	that	SCONJ
gujaf-41	131	8	,	,	PUNCT
gujaf-41	131	9	the	the	DET
gujaf-41	131	10	data	data	NOUN
gujaf-41	131	11	is	be	AUX
gujaf-41	131	12	positively	positively	ADV
gujaf-41	131	13	skewed	skewed	ADJ
gujaf-41	131	14	,	,	PUNCT
gujaf-41	131	15	while	while	SCONJ
gujaf-41	131	16	the	the	DET
gujaf-41	131	17	kurtosis	kurtosis	NOUN
gujaf-41	131	18	,	,	PUNCT
gujaf-41	131	19	9.549	9.549	NUM
gujaf-41	131	20	(	(	PUNCT
gujaf-41	131	21	greater	great	ADJ
gujaf-41	131	22	than	than	ADP
gujaf-41	131	23	3	3	NUM
gujaf-41	131	24	)	)	PUNCT
gujaf-41	131	25	is	be	AUX
gujaf-41	131	26	an	an	DET
gujaf-41	131	27	indication	indication	NOUN
gujaf-41	131	28	that	that	SCONJ
gujaf-41	131	29	majority	majority	NOUN
gujaf-41	131	30	of	of	ADP
gujaf-41	131	31	the	the	DET
gujaf-41	131	32	data	datum	NOUN
gujaf-41	131	33	are	be	AUX
gujaf-41	131	34	higher	high	ADJ
gujaf-41	131	35	than	than	ADP
gujaf-41	131	36	the	the	DET
gujaf-41	131	37	mean	mean	NOUN
gujaf-41	131	38	.	.	PUNCT
gujaf-41	132	1	table	table	NOUN
gujaf-41	132	2	4.1	4.1	NUM
gujaf-41	132	3	shows	show	VERB
gujaf-41	132	4	that	that	SCONJ
gujaf-41	132	5	the	the	DET
gujaf-41	132	6	minimum	minimum	ADJ
gujaf-41	132	7	and	and	CCONJ
gujaf-41	132	8	maximum	maximum	ADJ
gujaf-41	132	9	values	value	NOUN
gujaf-41	132	10	of	of	ADP
gujaf-41	132	11	the	the	DET
gujaf-41	132	12	average	average	ADJ
gujaf-41	132	13	period	period	NOUN
gujaf-41	132	14	of	of	ADP
gujaf-41	132	15	debt	debt	NOUN
gujaf-41	132	16	settlement	settlement	NOUN
gujaf-41	132	17	are	be	AUX
gujaf-41	132	18	7	7	NUM
gujaf-41	132	19	days	day	NOUN
gujaf-41	132	20	and	and	CCONJ
gujaf-41	132	21	16	16	NUM
gujaf-41	132	22	days	day	NOUN
gujaf-41	132	23	respectively	respectively	ADV
gujaf-41	132	24	,	,	PUNCT
gujaf-41	132	25	with	with	ADP
gujaf-41	132	26	the	the	DET
gujaf-41	132	27	mean	mean	ADJ
gujaf-41	132	28	value	value	NOUN
gujaf-41	132	29	of	of	ADP
gujaf-41	132	30	10.553	10.553	NUM
gujaf-41	132	31	and	and	CCONJ
gujaf-41	132	32	standard	standard	ADJ
gujaf-41	132	33	deviation	deviation	NOUN
gujaf-41	132	34	of	of	ADP
gujaf-41	132	35	2.075	2.075	NUM
gujaf-41	132	36	.	.	PUNCT
gujaf-41	133	1	this	this	PRON
gujaf-41	133	2	shows	show	VERB
gujaf-41	133	3	that	that	SCONJ
gujaf-41	133	4	the	the	DET
gujaf-41	133	5	sample	sample	NOUN
gujaf-41	133	6	firms	firm	NOUN
gujaf-41	133	7	have	have	VERB
gujaf-41	133	8	an	an	DET
gujaf-41	133	9	average	average	NOUN
gujaf-41	133	10	of	of	ADP
gujaf-41	133	11	about	about	ADV
gujaf-41	133	12	11	11	NUM
gujaf-41	133	13	%	%	NOUN
gujaf-41	133	14	average	average	ADJ
gujaf-41	133	15	period	period	NOUN
gujaf-41	133	16	for	for	ADP
gujaf-41	133	17	debt	debt	NOUN
gujaf-41	133	18	settlement	settlement	NOUN
gujaf-41	133	19	,	,	PUNCT
gujaf-41	133	20	and	and	CCONJ
gujaf-41	133	21	the	the	DET
gujaf-41	133	22	standard	standard	ADJ
gujaf-41	133	23	deviation	deviation	NOUN
gujaf-41	133	24	value	value	NOUN
gujaf-41	133	25	implies	imply	VERB
gujaf-41	133	26	that	that	SCONJ
gujaf-41	133	27	there	there	PRON
gujaf-41	133	28	is	be	VERB
gujaf-41	133	29	mildly	mildly	ADV
gujaf-41	133	30	dispersion	dispersion	NOUN
gujaf-41	133	31	from	from	ADP
gujaf-41	133	32	the	the	DET
gujaf-41	133	33	mean	mean	ADJ
gujaf-41	133	34	value	value	NOUN
gujaf-41	133	35	by	by	ADP
gujaf-41	133	36	2	2	NUM
gujaf-41	133	37	days	day	NOUN
gujaf-41	133	38	in	in	ADP
gujaf-41	133	39	the	the	DET
gujaf-41	133	40	sample	sample	NOUN
gujaf-41	133	41	firms	firm	NOUN
gujaf-41	133	42	.	.	PUNCT
gujaf-41	134	1	the	the	DET
gujaf-41	134	2	minimum	minimum	ADJ
gujaf-41	134	3	values	value	NOUN
gujaf-41	134	4	signify	signify	VERB
gujaf-41	134	5	that	that	SCONJ
gujaf-41	134	6	some	some	PRON
gujaf-41	134	7	of	of	ADP
gujaf-41	134	8	the	the	DET
gujaf-41	134	9	sampled	sample	VERB
gujaf-41	134	10	firm	firm	NOUN
gujaf-41	134	11	’s	’s	PART
gujaf-41	134	12	quickness	quickness	NOUN
gujaf-41	134	13	in	in	ADP
gujaf-41	134	14	the	the	DET
gujaf-41	134	15	realization	realization	NOUN
gujaf-41	134	16	of	of	ADP
gujaf-41	134	17	account	account	NOUN
gujaf-41	134	18	debt	debt	NOUN
gujaf-41	134	19	settlement	settlement	NOUN
gujaf-41	134	20	is	be	AUX
gujaf-41	134	21	just	just	ADV
gujaf-41	134	22	7days	7days	NUM
gujaf-41	134	23	,	,	PUNCT
gujaf-41	134	24	while	while	SCONJ
gujaf-41	134	25	some	some	DET
gujaf-41	134	26	firms	firm	NOUN
gujaf-41	134	27	accounts	account	VERB
gujaf-41	134	28	settlement	settlement	NOUN
gujaf-41	134	29	period	period	NOUN
gujaf-41	134	30	extends	extend	VERB
gujaf-41	134	31	to	to	ADP
gujaf-41	134	32	16	16	NUM
gujaf-41	134	33	days	day	NOUN
gujaf-41	134	34	.	.	PUNCT
gujaf-41	135	1	the	the	DET
gujaf-41	135	2	coefficient	coefficient	NOUN
gujaf-41	135	3	of	of	ADP
gujaf-41	135	4	skewness	skewness	NOUN
gujaf-41	135	5	0.703	0.703	NUM
gujaf-41	135	6	implies	imply	VERB
gujaf-41	135	7	that	that	SCONJ
gujaf-41	135	8	the	the	DET
gujaf-41	135	9	data	data	NOUN
gujaf-41	135	10	is	be	AUX
gujaf-41	135	11	positively	positively	ADV
gujaf-41	135	12	skewed	skewed	ADJ
gujaf-41	135	13	,	,	PUNCT
gujaf-41	135	14	and	and	CCONJ
gujaf-41	135	15	thus	thus	ADV
gujaf-41	135	16	,	,	PUNCT
gujaf-41	135	17	the	the	DET
gujaf-41	135	18	data	data	NOUN
gujaf-41	135	19	meets	meet	VERB
gujaf-41	135	20	the	the	DET
gujaf-41	135	21	symmetrical	symmetrical	ADJ
gujaf-41	135	22	distribution	distribution	NOUN
gujaf-41	135	23	assumption	assumption	NOUN
gujaf-41	135	24	because	because	SCONJ
gujaf-41	135	25	the	the	DET
gujaf-41	135	26	data	datum	NOUN
gujaf-41	135	27	are	be	AUX
gujaf-41	135	28	centered	center	VERB
gujaf-41	135	29	on	on	ADP
gujaf-41	135	30	the	the	DET
gujaf-41	135	31	zero	zero	NUM
gujaf-41	135	32	region	region	NOUN
gujaf-41	135	33	of	of	ADP
gujaf-41	135	34	the	the	DET
gujaf-41	135	35	distribution	distribution	NOUN
gujaf-41	135	36	.	.	PUNCT
gujaf-41	136	1	on	on	ADP
gujaf-41	136	2	the	the	DET
gujaf-41	136	3	other	other	ADJ
gujaf-41	136	4	hand	hand	NOUN
gujaf-41	136	5	,	,	PUNCT
gujaf-41	136	6	the	the	DET
gujaf-41	136	7	kurtosis	kurtosis	NOUN
gujaf-41	136	8	value	value	NOUN
gujaf-41	136	9	of	of	ADP
gujaf-41	136	10	2.923	2.923	NUM
gujaf-41	136	11	gusau	gusau	ADJ
gujaf-41	136	12	journal	journal	NOUN
gujaf-41	136	13	of	of	ADP
gujaf-41	136	14	accounting	accounting	NOUN
gujaf-41	136	15	and	and	CCONJ
gujaf-41	136	16	finance	finance	NOUN
gujaf-41	136	17	,	,	PUNCT
gujaf-41	136	18	vol	vol	NOUN
gujaf-41	136	19	.	.	PUNCT
gujaf-41	137	1	i	i	PRON
gujaf-41	137	2	,	,	PUNCT
gujaf-41	137	3	issue	issue	NOUN
gujaf-41	137	4	2	2	NUM
gujaf-41	137	5	,	,	PUNCT
gujaf-41	137	6	october	october	PROPN
gujaf-41	137	7	,	,	PUNCT
gujaf-41	137	8	2020	2020	NUM
gujaf-41	137	9	11	11	NUM
gujaf-41	137	10	also	also	ADV
gujaf-41	137	11	shows	show	VERB
gujaf-41	137	12	that	that	SCONJ
gujaf-41	137	13	most	most	ADJ
gujaf-41	137	14	of	of	ADP
gujaf-41	137	15	the	the	DET
gujaf-41	137	16	values	value	NOUN
gujaf-41	137	17	are	be	AUX
gujaf-41	137	18	not	not	PART
gujaf-41	137	19	higher	high	ADJ
gujaf-41	137	20	than	than	ADP
gujaf-41	137	21	the	the	DET
gujaf-41	137	22	mean	mean	NOUN
gujaf-41	137	23	as	as	SCONJ
gujaf-41	137	24	they	they	PRON
gujaf-41	137	25	are	be	AUX
gujaf-41	137	26	mostly	mostly	ADV
gujaf-41	137	27	within	within	ADP
gujaf-41	137	28	the	the	DET
gujaf-41	137	29	benchmark	benchmark	NOUN
gujaf-41	137	30	of	of	ADP
gujaf-41	137	31	±3	±3	NUM
gujaf-41	137	32	,	,	PUNCT
gujaf-41	137	33	and	and	CCONJ
gujaf-41	137	34	thus	thus	ADV
gujaf-41	137	35	the	the	DET
gujaf-41	137	36	data	datum	NOUN
gujaf-41	137	37	met	meet	VERB
gujaf-41	137	38	the	the	DET
gujaf-41	137	39	gaussian	gaussian	ADJ
gujaf-41	137	40	distribution	distribution	NOUN
gujaf-41	137	41	assumption	assumption	NOUN
gujaf-41	137	42	.	.	PUNCT
gujaf-41	138	1	again	again	ADV
gujaf-41	138	2	,	,	PUNCT
gujaf-41	138	3	table	table	NOUN
gujaf-41	138	4	4.1	4.1	NUM
gujaf-41	138	5	also	also	ADV
gujaf-41	138	6	indicates	indicate	VERB
gujaf-41	138	7	that	that	SCONJ
gujaf-41	138	8	,	,	PUNCT
gujaf-41	138	9	average	average	ADJ
gujaf-41	138	10	collection	collection	NOUN
gujaf-41	138	11	period	period	NOUN
gujaf-41	138	12	has	have	VERB
gujaf-41	138	13	a	a	DET
gujaf-41	138	14	minimum	minimum	ADJ
gujaf-41	138	15	and	and	CCONJ
gujaf-41	138	16	maximum	maximum	ADJ
gujaf-41	138	17	value	value	NOUN
gujaf-41	138	18	of	of	ADP
gujaf-41	138	19	1	1	NUM
gujaf-41	138	20	and	and	CCONJ
gujaf-41	138	21	6	6	NUM
gujaf-41	138	22	days	day	NOUN
gujaf-41	138	23	respectively	respectively	ADV
gujaf-41	138	24	.	.	PUNCT
gujaf-41	139	1	on	on	ADP
gujaf-41	139	2	average	average	ADJ
gujaf-41	139	3	,	,	PUNCT
gujaf-41	139	4	the	the	DET
gujaf-41	139	5	average	average	ADJ
gujaf-41	139	6	collection	collection	NOUN
gujaf-41	139	7	period	period	NOUN
gujaf-41	139	8	in	in	ADP
gujaf-41	139	9	the	the	DET
gujaf-41	139	10	sample	sample	NOUN
gujaf-41	139	11	oil	oil	NOUN
gujaf-41	139	12	and	and	CCONJ
gujaf-41	139	13	gas	gas	NOUN
gujaf-41	139	14	firms	firm	NOUN
gujaf-41	139	15	is	be	AUX
gujaf-41	139	16	1.989	1.989	NUM
gujaf-41	139	17	days	day	NOUN
gujaf-41	139	18	with	with	ADP
gujaf-41	139	19	standard	standard	ADJ
gujaf-41	139	20	deviation	deviation	NOUN
gujaf-41	139	21	of	of	ADP
gujaf-41	139	22	1.301	1.301	NUM
gujaf-41	139	23	days	day	NOUN
gujaf-41	139	24	.	.	PUNCT
gujaf-41	140	1	that	that	PRON
gujaf-41	140	2	is	is	ADV
gujaf-41	140	3	,	,	PUNCT
gujaf-41	140	4	the	the	DET
gujaf-41	140	5	deviation	deviation	NOUN
gujaf-41	140	6	from	from	ADP
gujaf-41	140	7	the	the	DET
gujaf-41	140	8	mean	mean	NOUN
gujaf-41	140	9	is	be	AUX
gujaf-41	140	10	1.301	1.301	NUM
gujaf-41	140	11	days	day	NOUN
gujaf-41	140	12	;	;	PUNCT
gujaf-41	140	13	the	the	DET
gujaf-41	140	14	minimum	minimum	NOUN
gujaf-41	140	15	and	and	CCONJ
gujaf-41	140	16	the	the	DET
gujaf-41	140	17	maximum	maximum	ADJ
gujaf-41	140	18	values	value	NOUN
gujaf-41	140	19	are	be	AUX
gujaf-41	140	20	indicators	indicator	NOUN
gujaf-41	140	21	that	that	SCONJ
gujaf-41	140	22	the	the	DET
gujaf-41	140	23	time	time	NOUN
gujaf-41	140	24	taken	take	VERB
gujaf-41	140	25	by	by	ADP
gujaf-41	140	26	some	some	DET
gujaf-41	140	27	firms	firm	NOUN
gujaf-41	140	28	to	to	PART
gujaf-41	140	29	settle	settle	VERB
gujaf-41	140	30	their	their	PRON
gujaf-41	140	31	trade	trade	NOUN
gujaf-41	140	32	creditors	creditor	NOUN
gujaf-41	140	33	is	be	AUX
gujaf-41	140	34	one	one	NUM
gujaf-41	140	35	day	day	NOUN
gujaf-41	140	36	,	,	PUNCT
gujaf-41	140	37	while	while	SCONJ
gujaf-41	140	38	some	some	DET
gujaf-41	140	39	firms	firm	NOUN
gujaf-41	140	40	’	'	PUNCT
gujaf-41	140	41	average	average	ADJ
gujaf-41	140	42	collection	collection	NOUN
gujaf-41	140	43	period	period	NOUN
gujaf-41	140	44	extends	extend	VERB
gujaf-41	140	45	to	to	ADP
gujaf-41	140	46	6	6	NUM
gujaf-41	140	47	days	day	NOUN
gujaf-41	140	48	.	.	PUNCT
gujaf-41	141	1	the	the	DET
gujaf-41	141	2	coefficient	coefficient	NOUN
gujaf-41	141	3	of	of	ADP
gujaf-41	141	4	skewness	skewness	NOUN
gujaf-41	141	5	0.977	0.977	NUM
gujaf-41	141	6	shows	show	VERB
gujaf-41	141	7	that	that	SCONJ
gujaf-41	141	8	,	,	PUNCT
gujaf-41	141	9	the	the	DET
gujaf-41	141	10	data	data	NOUN
gujaf-41	141	11	is	be	AUX
gujaf-41	141	12	positively	positively	ADV
gujaf-41	141	13	skewed	skewed	ADJ
gujaf-41	141	14	,	,	PUNCT
gujaf-41	141	15	and	and	CCONJ
gujaf-41	141	16	meet	meet	VERB
gujaf-41	141	17	the	the	DET
gujaf-41	141	18	symmetrical	symmetrical	ADJ
gujaf-41	141	19	distribution	distribution	NOUN
gujaf-41	141	20	assumption	assumption	NOUN
gujaf-41	141	21	because	because	SCONJ
gujaf-41	141	22	it	it	PRON
gujaf-41	141	23	is	be	AUX
gujaf-41	141	24	distributed	distribute	VERB
gujaf-41	141	25	within	within	ADP
gujaf-41	141	26	the	the	DET
gujaf-41	141	27	zero	zero	NUM
gujaf-41	141	28	(	(	PUNCT
gujaf-41	141	29	0	0	NUM
gujaf-41	141	30	)	)	PUNCT
gujaf-41	141	31	region	region	NOUN
gujaf-41	141	32	,	,	PUNCT
gujaf-41	141	33	while	while	SCONJ
gujaf-41	141	34	the	the	DET
gujaf-41	141	35	kurtosis	kurtosis	NOUN
gujaf-41	141	36	value	value	NOUN
gujaf-41	141	37	of	of	ADP
gujaf-41	141	38	3.810	3.810	NUM
gujaf-41	141	39	suggests	suggest	VERB
gujaf-41	141	40	that	that	SCONJ
gujaf-41	141	41	majority	majority	NOUN
gujaf-41	141	42	of	of	ADP
gujaf-41	141	43	the	the	DET
gujaf-41	141	44	data	datum	NOUN
gujaf-41	141	45	are	be	AUX
gujaf-41	141	46	higher	high	ADJ
gujaf-41	141	47	than	than	ADP
gujaf-41	141	48	the	the	DET
gujaf-41	141	49	mean	mean	NOUN
gujaf-41	141	50	and	and	CCONJ
gujaf-41	141	51	did	do	AUX
gujaf-41	141	52	not	not	PART
gujaf-41	141	53	meet	meet	VERB
gujaf-41	141	54	the	the	DET
gujaf-41	141	55	assumptions	assumption	NOUN
gujaf-41	141	56	of	of	ADP
gujaf-41	141	57	the	the	DET
gujaf-41	141	58	normal	normal	ADJ
gujaf-41	141	59	distribution	distribution	NOUN
gujaf-41	141	60	.	.	PUNCT
gujaf-41	142	1	in	in	ADP
gujaf-41	142	2	the	the	DET
gujaf-41	142	3	same	same	ADJ
gujaf-41	142	4	vain	vain	NOUN
gujaf-41	142	5	the	the	DET
gujaf-41	142	6	average	average	ADJ
gujaf-41	142	7	period	period	NOUN
gujaf-41	142	8	of	of	ADP
gujaf-41	142	9	inventory	inventory	NOUN
gujaf-41	142	10	retention	retention	NOUN
gujaf-41	142	11	in	in	ADP
gujaf-41	142	12	days	day	NOUN
gujaf-41	142	13	has	have	VERB
gujaf-41	142	14	a	a	DET
gujaf-41	142	15	mean	mean	NOUN
gujaf-41	142	16	of	of	ADP
gujaf-41	142	17	2.142	2.142	NUM
gujaf-41	142	18	with	with	ADP
gujaf-41	142	19	standard	standard	ADJ
gujaf-41	142	20	deviation	deviation	NOUN
gujaf-41	142	21	of	of	ADP
gujaf-41	142	22	1.769	1.769	NUM
gujaf-41	142	23	,	,	PUNCT
gujaf-41	142	24	implying	imply	VERB
gujaf-41	142	25	that	that	SCONJ
gujaf-41	142	26	the	the	DET
gujaf-41	142	27	deviation	deviation	NOUN
gujaf-41	142	28	from	from	ADP
gujaf-41	142	29	the	the	DET
gujaf-41	142	30	mean	mean	NOUN
gujaf-41	142	31	is	be	AUX
gujaf-41	142	32	not	not	PART
gujaf-41	142	33	too	too	ADV
gujaf-41	142	34	wide	wide	ADJ
gujaf-41	142	35	as	as	SCONJ
gujaf-41	142	36	the	the	DET
gujaf-41	142	37	standard	standard	ADJ
gujaf-41	142	38	deviation	deviation	NOUN
gujaf-41	142	39	is	be	AUX
gujaf-41	142	40	close	close	ADJ
gujaf-41	142	41	to	to	ADP
gujaf-41	142	42	the	the	DET
gujaf-41	142	43	mean	mean	NOUN
gujaf-41	142	44	of	of	ADP
gujaf-41	142	45	the	the	DET
gujaf-41	142	46	sample	sample	NOUN
gujaf-41	142	47	firms	firm	NOUN
gujaf-41	142	48	.	.	PUNCT
gujaf-41	143	1	the	the	DET
gujaf-41	143	2	minimum	minimum	ADJ
gujaf-41	143	3	and	and	CCONJ
gujaf-41	143	4	maximum	maximum	ADJ
gujaf-41	143	5	values	value	NOUN
gujaf-41	143	6	of	of	ADP
gujaf-41	143	7	days	day	NOUN
gujaf-41	143	8	in	in	ADP
gujaf-41	143	9	inventory	inventory	NOUN
gujaf-41	143	10	are	be	AUX
gujaf-41	143	11	1	1	NUM
gujaf-41	143	12	day	day	NOUN
gujaf-41	143	13	and	and	CCONJ
gujaf-41	143	14	13	13	NUM
gujaf-41	143	15	days	day	NOUN
gujaf-41	143	16	respectively	respectively	ADV
gujaf-41	143	17	.	.	PUNCT
gujaf-41	144	1	the	the	DET
gujaf-41	144	2	standard	standard	ADJ
gujaf-41	144	3	deviation	deviation	NOUN
gujaf-41	144	4	of	of	ADP
gujaf-41	144	5	1.769	1.769	NUM
gujaf-41	144	6	is	be	AUX
gujaf-41	144	7	an	an	DET
gujaf-41	144	8	indication	indication	NOUN
gujaf-41	144	9	that	that	SCONJ
gujaf-41	144	10	the	the	DET
gujaf-41	144	11	values	value	NOUN
gujaf-41	144	12	are	be	AUX
gujaf-41	144	13	centered	center	VERB
gujaf-41	144	14	round	round	ADP
gujaf-41	144	15	the	the	DET
gujaf-41	144	16	mean	mean	ADJ
gujaf-41	144	17	value	value	NOUN
gujaf-41	144	18	,	,	PUNCT
gujaf-41	144	19	that	that	ADV
gujaf-41	144	20	is	is	ADV
gujaf-41	144	21	,	,	PUNCT
gujaf-41	144	22	there	there	PRON
gujaf-41	144	23	is	be	VERB
gujaf-41	144	24	not	not	PART
gujaf-41	144	25	much	much	ADJ
gujaf-41	144	26	dispersion	dispersion	NOUN
gujaf-41	144	27	away	away	ADV
gujaf-41	144	28	from	from	ADP
gujaf-41	144	29	the	the	DET
gujaf-41	144	30	mean	mean	NOUN
gujaf-41	144	31	.	.	PUNCT
gujaf-41	145	1	the	the	DET
gujaf-41	145	2	skewness	skewness	NOUN
gujaf-41	145	3	value	value	NOUN
gujaf-41	145	4	of	of	ADP
gujaf-41	145	5	2.985	2.985	NUM
gujaf-41	145	6	implies	imply	VERB
gujaf-41	145	7	that	that	SCONJ
gujaf-41	145	8	the	the	DET
gujaf-41	145	9	data	data	NOUN
gujaf-41	145	10	is	be	AUX
gujaf-41	145	11	skewed	skew	VERB
gujaf-41	145	12	to	to	ADP
gujaf-41	145	13	the	the	DET
gujaf-41	145	14	right	right	NOUN
gujaf-41	145	15	,	,	PUNCT
gujaf-41	145	16	and	and	CCONJ
gujaf-41	145	17	thus	thus	ADV
gujaf-41	145	18	said	say	VERB
gujaf-41	145	19	to	to	PART
gujaf-41	145	20	positively	positively	ADV
gujaf-41	145	21	skewed	skew	VERB
gujaf-41	145	22	,	,	PUNCT
gujaf-41	145	23	also	also	ADV
gujaf-41	145	24	,	,	PUNCT
gujaf-41	145	25	the	the	DET
gujaf-41	145	26	data	datum	NOUN
gujaf-41	145	27	did	do	AUX
gujaf-41	145	28	not	not	PART
gujaf-41	145	29	meet	meet	VERB
gujaf-41	145	30	the	the	DET
gujaf-41	145	31	symmetrical	symmetrical	ADJ
gujaf-41	145	32	distribution	distribution	NOUN
gujaf-41	145	33	assumption	assumption	NOUN
gujaf-41	145	34	because	because	SCONJ
gujaf-41	145	35	it	it	PRON
gujaf-41	145	36	did	do	AUX
gujaf-41	145	37	not	not	PART
gujaf-41	145	38	fall	fall	VERB
gujaf-41	145	39	within	within	ADP
gujaf-41	145	40	the	the	DET
gujaf-41	145	41	zero	zero	NUM
gujaf-41	145	42	(	(	PUNCT
gujaf-41	145	43	0	0	NUM
gujaf-41	145	44	)	)	PUNCT
gujaf-41	145	45	region	region	NOUN
gujaf-41	145	46	of	of	ADP
gujaf-41	145	47	the	the	DET
gujaf-41	145	48	curve	curve	NOUN
gujaf-41	145	49	,	,	PUNCT
gujaf-41	145	50	while	while	SCONJ
gujaf-41	145	51	the	the	DET
gujaf-41	145	52	kurtosis17.891	kurtosis17.891	NOUN
gujaf-41	145	53	is	be	AUX
gujaf-41	145	54	an	an	DET
gujaf-41	145	55	indication	indication	NOUN
gujaf-41	145	56	that	that	SCONJ
gujaf-41	145	57	majority	majority	NOUN
gujaf-41	145	58	of	of	ADP
gujaf-41	145	59	the	the	DET
gujaf-41	145	60	data	datum	NOUN
gujaf-41	145	61	are	be	AUX
gujaf-41	145	62	higher	high	ADJ
gujaf-41	145	63	than	than	ADP
gujaf-41	145	64	the	the	DET
gujaf-41	145	65	mean	mean	NOUN
gujaf-41	145	66	,	,	PUNCT
gujaf-41	145	67	as	as	SCONJ
gujaf-41	145	68	such	such	ADJ
gujaf-41	145	69	did	do	AUX
gujaf-41	145	70	not	not	PART
gujaf-41	145	71	also	also	ADV
gujaf-41	145	72	meet	meet	VERB
gujaf-41	145	73	the	the	DET
gujaf-41	145	74	normal	normal	ADJ
gujaf-41	145	75	distribution	distribution	NOUN
gujaf-41	145	76	criterion	criterion	NOUN
gujaf-41	145	77	(	(	PUNCT
gujaf-41	145	78	i.e.	i.e.	X
gujaf-41	145	79	that	that	SCONJ
gujaf-41	145	80	the	the	DET
gujaf-41	145	81	data	datum	NOUN
gujaf-41	145	82	are	be	AUX
gujaf-41	145	83	far	far	ADV
gujaf-41	145	84	above	above	ADP
gujaf-41	145	85	the	the	DET
gujaf-41	145	86	±3	±3	ADJ
gujaf-41	145	87	benchmark	benchmark	NOUN
gujaf-41	145	88	of	of	ADP
gujaf-41	145	89	a	a	DET
gujaf-41	145	90	normal	normal	ADJ
gujaf-41	145	91	distribution	distribution	NOUN
gujaf-41	145	92	assumption	assumption	NOUN
gujaf-41	145	93	)	)	PUNCT
gujaf-41	145	94	.	.	PUNCT
gujaf-41	146	1	lastly	lastly	ADV
gujaf-41	146	2	,	,	PUNCT
gujaf-41	146	3	the	the	DET
gujaf-41	146	4	table	table	NOUN
gujaf-41	146	5	also	also	ADV
gujaf-41	146	6	indicates	indicate	VERB
gujaf-41	146	7	that	that	SCONJ
gujaf-41	146	8	firm	firm	ADJ
gujaf-41	146	9	size	size	NOUN
gujaf-41	146	10	(	(	PUNCT
gujaf-41	146	11	natural	natural	ADJ
gujaf-41	146	12	log	log	NOUN
gujaf-41	146	13	of	of	ADP
gujaf-41	146	14	total	total	ADJ
gujaf-41	146	15	assets	asset	NOUN
gujaf-41	146	16	)	)	PUNCT
gujaf-41	146	17	has	have	VERB
gujaf-41	146	18	a	a	DET
gujaf-41	146	19	mean	mean	NOUN
gujaf-41	146	20	of	of	ADP
gujaf-41	146	21	16.656	16.656	NUM
gujaf-41	146	22	,	,	PUNCT
gujaf-41	146	23	whiles	while	VERB
gujaf-41	146	24	the	the	DET
gujaf-41	146	25	minimum	minimum	NOUN
gujaf-41	146	26	and	and	CCONJ
gujaf-41	146	27	maximum	maximum	NOUN
gujaf-41	146	28	are	be	AUX
gujaf-41	146	29	11.7	11.7	NUM
gujaf-41	146	30	and	and	CCONJ
gujaf-41	146	31	21.21	21.21	NUM
gujaf-41	146	32	respectively	respectively	ADV
gujaf-41	146	33	.	.	PUNCT
gujaf-41	147	1	the	the	DET
gujaf-41	147	2	standard	standard	ADJ
gujaf-41	147	3	deviation	deviation	NOUN
gujaf-41	147	4	of	of	ADP
gujaf-41	147	5	3.430	3.430	NUM
gujaf-41	147	6	shows	show	VERB
gujaf-41	147	7	that	that	SCONJ
gujaf-41	147	8	the	the	DET
gujaf-41	147	9	values	value	NOUN
gujaf-41	147	10	are	be	AUX
gujaf-41	147	11	centered	center	VERB
gujaf-41	147	12	on	on	ADP
gujaf-41	147	13	the	the	DET
gujaf-41	147	14	mean	mean	ADJ
gujaf-41	147	15	value	value	NOUN
gujaf-41	147	16	,	,	PUNCT
gujaf-41	147	17	which	which	PRON
gujaf-41	147	18	implies	imply	VERB
gujaf-41	147	19	that	that	SCONJ
gujaf-41	147	20	there	there	PRON
gujaf-41	147	21	is	be	VERB
gujaf-41	147	22	not	not	PART
gujaf-41	147	23	much	much	ADJ
gujaf-41	147	24	dispersion	dispersion	NOUN
gujaf-41	147	25	away	away	ADV
gujaf-41	147	26	from	from	ADP
gujaf-41	147	27	the	the	DET
gujaf-41	147	28	mean	mean	NOUN
gujaf-41	147	29	.	.	PUNCT
gujaf-41	148	1	this	this	PRON
gujaf-41	148	2	attests	attest	VERB
gujaf-41	148	3	to	to	ADP
gujaf-41	148	4	the	the	DET
gujaf-41	148	5	fact	fact	NOUN
gujaf-41	148	6	that	that	SCONJ
gujaf-41	148	7	the	the	DET
gujaf-41	148	8	size	size	NOUN
gujaf-41	148	9	of	of	ADP
gujaf-41	148	10	the	the	DET
gujaf-41	148	11	oil	oil	NOUN
gujaf-41	148	12	and	and	CCONJ
gujaf-41	148	13	gas	gas	NOUN
gujaf-41	148	14	firms	firm	NOUN
gujaf-41	148	15	in	in	ADP
gujaf-41	148	16	terms	term	NOUN
gujaf-41	148	17	of	of	ADP
gujaf-41	148	18	total	total	ADJ
gujaf-41	148	19	assets	asset	NOUN
gujaf-41	148	20	are	be	AUX
gujaf-41	148	21	similar	similar	ADJ
gujaf-41	148	22	in	in	ADP
gujaf-41	148	23	size	size	NOUN
gujaf-41	148	24	.	.	PUNCT
gujaf-41	149	1	the	the	DET
gujaf-41	149	2	skewness	skewness	NOUN
gujaf-41	149	3	value	value	NOUN
gujaf-41	149	4	of	of	ADP
gujaf-41	149	5	0.1509	0.1509	NUM
gujaf-41	149	6	implies	imply	VERB
gujaf-41	149	7	that	that	SCONJ
gujaf-41	149	8	the	the	DET
gujaf-41	149	9	data	data	NOUN
gujaf-41	149	10	is	be	AUX
gujaf-41	149	11	positively	positively	ADV
gujaf-41	149	12	skewed	skewed	ADJ
gujaf-41	149	13	.	.	PUNCT
gujaf-41	150	1	while	while	SCONJ
gujaf-41	150	2	the	the	DET
gujaf-41	150	3	kurtosis	kurtosis	NOUN
gujaf-41	150	4	1.215	1.215	NUM
gujaf-41	150	5	is	be	AUX
gujaf-41	150	6	an	an	DET
gujaf-41	150	7	indication	indication	NOUN
gujaf-41	150	8	that	that	SCONJ
gujaf-41	150	9	majority	majority	NOUN
gujaf-41	150	10	of	of	ADP
gujaf-41	150	11	the	the	DET
gujaf-41	150	12	data	datum	NOUN
gujaf-41	150	13	are	be	AUX
gujaf-41	150	14	lower	low	ADJ
gujaf-41	150	15	than	than	ADP
gujaf-41	150	16	the	the	DET
gujaf-41	150	17	mean	mean	ADJ
gujaf-41	150	18	value	value	NOUN
gujaf-41	150	19	,	,	PUNCT
gujaf-41	150	20	as	as	SCONJ
gujaf-41	150	21	such	such	ADJ
gujaf-41	150	22	meet	meet	VERB
gujaf-41	150	23	the	the	DET
gujaf-41	150	24	normal	normal	ADJ
gujaf-41	150	25	distribution	distribution	NOUN
gujaf-41	150	26	criterion	criterion	NOUN
gujaf-41	150	27	gusau	gusau	ADJ
gujaf-41	150	28	journal	journal	NOUN
gujaf-41	150	29	of	of	ADP
gujaf-41	150	30	accounting	accounting	NOUN
gujaf-41	150	31	and	and	CCONJ
gujaf-41	150	32	finance	finance	NOUN
gujaf-41	150	33	,	,	PUNCT
gujaf-41	150	34	vol	vol	NOUN
gujaf-41	150	35	.	.	PUNCT
gujaf-41	151	1	i	i	PRON
gujaf-41	151	2	,	,	PUNCT
gujaf-41	151	3	issue	issue	NOUN
gujaf-41	151	4	2	2	NUM
gujaf-41	151	5	,	,	PUNCT
gujaf-41	151	6	october	october	PROPN
gujaf-41	151	7	,	,	PUNCT
gujaf-41	151	8	2020	2020	NUM
gujaf-41	151	9	12	12	NUM
gujaf-41	151	10	(	(	PUNCT
gujaf-41	151	11	i.e.	i.e.	X
gujaf-41	151	12	that	that	SCONJ
gujaf-41	151	13	the	the	DET
gujaf-41	151	14	data	datum	NOUN
gujaf-41	151	15	are	be	AUX
gujaf-41	151	16	below	below	ADP
gujaf-41	151	17	the	the	DET
gujaf-41	151	18	±3	±3	ADJ
gujaf-41	151	19	benchmark	benchmark	NOUN
gujaf-41	151	20	of	of	ADP
gujaf-41	151	21	a	a	DET
gujaf-41	151	22	normal	normal	ADJ
gujaf-41	151	23	distribution	distribution	NOUN
gujaf-41	151	24	assumption	assumption	NOUN
gujaf-41	151	25	)	)	PUNCT
gujaf-41	151	26	.	.	PUNCT
gujaf-41	152	1	following	follow	VERB
gujaf-41	152	2	the	the	DET
gujaf-41	152	3	presentation	presentation	NOUN
gujaf-41	152	4	and	and	CCONJ
gujaf-41	152	5	interpretation	interpretation	NOUN
gujaf-41	152	6	of	of	ADP
gujaf-41	152	7	the	the	DET
gujaf-41	152	8	descriptive	descriptive	ADJ
gujaf-41	152	9	statistics	statistic	NOUN
gujaf-41	152	10	of	of	ADP
gujaf-41	152	11	the	the	DET
gujaf-41	152	12	data	datum	NOUN
gujaf-41	152	13	collected	collect	VERB
gujaf-41	152	14	for	for	ADP
gujaf-41	152	15	the	the	DET
gujaf-41	152	16	variables	variable	NOUN
gujaf-41	152	17	of	of	ADP
gujaf-41	152	18	the	the	DET
gujaf-41	152	19	study	study	NOUN
gujaf-41	152	20	which	which	PRON
gujaf-41	152	21	to	to	ADP
gujaf-41	152	22	a	a	DET
gujaf-41	152	23	large	large	ADJ
gujaf-41	152	24	extent	extent	NOUN
gujaf-41	152	25	suggested	suggest	VERB
gujaf-41	152	26	that	that	SCONJ
gujaf-41	152	27	the	the	DET
gujaf-41	152	28	data	data	NOUN
gujaf-41	152	29	is	be	AUX
gujaf-41	152	30	not	not	PART
gujaf-41	152	31	normally	normally	ADV
gujaf-41	152	32	distributed	distribute	VERB
gujaf-41	152	33	;	;	PUNCT
gujaf-41	152	34	the	the	DET
gujaf-41	152	35	correlation	correlation	NOUN
gujaf-41	152	36	matrix	matrix	NOUN
gujaf-41	152	37	is	be	AUX
gujaf-41	152	38	presented	present	VERB
gujaf-41	152	39	and	and	CCONJ
gujaf-41	152	40	discussed	discuss	VERB
gujaf-41	152	41	in	in	ADP
gujaf-41	152	42	the	the	DET
gujaf-41	152	43	following	follow	VERB
gujaf-41	152	44	section	section	NOUN
gujaf-41	152	45	.	.	PUNCT
gujaf-41	153	1	4.2	4.2	NUM
gujaf-41	153	2	correlation	correlation	NOUN
gujaf-41	153	3	results	result	NOUN
gujaf-41	153	4	table	table	VERB
gujaf-41	153	5	4.2	4.2	NUM
gujaf-41	153	6	correlation	correlation	NOUN
gujaf-41	153	7	matrix	matrix	NOUN
gujaf-41	153	8	of	of	ADP
gujaf-41	153	9	the	the	DET
gujaf-41	153	10	dependent	dependent	ADJ
gujaf-41	153	11	and	and	CCONJ
gujaf-41	153	12	independent	independent	ADJ
gujaf-41	153	13	variables	variable	NOUN
gujaf-41	153	14	variables	variable	NOUN
gujaf-41	153	15	roa	roa	PROPN
gujaf-41	153	16	ccc	ccc	PROPN
gujaf-41	153	17	apdr	apdr	PROPN
gujaf-41	153	18	acp	acp	PROPN
gujaf-41	153	19	apir	apir	PROPN
gujaf-41	153	20	fs	fs	ADP
gujaf-41	153	21	roa	roa	PROPN
gujaf-41	153	22	1	1	NUM
gujaf-41	153	23	ccc	ccc	PROPN
gujaf-41	153	24	-0.6677	-0.6677	PROPN
gujaf-41	154	1	*	*	PUNCT
gujaf-41	154	2	(	(	PUNCT
gujaf-41	154	3	0.0000	0.0000	NUM
gujaf-41	154	4	)	)	PUNCT
gujaf-41	154	5	1	1	NUM
gujaf-41	154	6	apdr	apdr	NOUN
gujaf-41	154	7	-0.4032	-0.4032	NOUN
gujaf-41	154	8	*	*	PUNCT
gujaf-41	154	9	(	(	PUNCT
gujaf-41	154	10	0.0001	0.0001	NUM
gujaf-41	154	11	)	)	PUNCT
gujaf-41	154	12	-0.1569	-0.1569	NOUN
gujaf-41	154	13	(	(	PUNCT
gujaf-41	154	14	0.1443	0.1443	NUM
gujaf-41	154	15	)	)	PUNCT
gujaf-41	154	16	1	1	NUM
gujaf-41	154	17	acp	acp	PROPN
gujaf-41	154	18	0.3542	0.3542	NUM
gujaf-41	154	19	*	*	PUNCT
gujaf-41	154	20	(	(	PUNCT
gujaf-41	154	21	0.0007	0.0007	NUM
gujaf-41	154	22	)	)	PUNCT
gujaf-41	154	23	-0.0853	-0.0853	NOUN
gujaf-41	154	24	(	(	PUNCT
gujaf-41	154	25	0.4292	0.4292	NUM
gujaf-41	154	26	)	)	PUNCT
gujaf-41	154	27	0.2431	0.2431	NUM
gujaf-41	154	28	*	*	PUNCT
gujaf-41	154	29	(	(	PUNCT
gujaf-41	154	30	0.0225	0.0225	NUM
gujaf-41	154	31	)	)	PUNCT
gujaf-41	154	32	1	1	NUM
gujaf-41	154	33	apir	apir	NOUN
gujaf-41	154	34	-0.0068	-0.0068	NOUN
gujaf-41	154	35	(	(	PUNCT
gujaf-41	154	36	0.9498	0.9498	NUM
gujaf-41	154	37	)	)	PUNCT
gujaf-41	154	38	0.3977	0.3977	NUM
gujaf-41	154	39	*	*	SYM
gujaf-41	154	40	(	(	PUNCT
gujaf-41	154	41	0.0001	0.0001	NUM
gujaf-41	154	42	)	)	PUNCT
gujaf-41	154	43	-0.3141	-0.3141	NOUN
gujaf-41	154	44	*	*	PUNCT
gujaf-41	154	45	(	(	PUNCT
gujaf-41	154	46	0.0029	0.0029	NUM
gujaf-41	154	47	)	)	PUNCT
gujaf-41	154	48	0.1497	0.1497	NUM
gujaf-41	154	49	(	(	PUNCT
gujaf-41	154	50	0.1638	0.1638	NUM
gujaf-41	154	51	)	)	PUNCT
gujaf-41	154	52	1	1	NUM
gujaf-41	154	53	fs	fs	ADP
gujaf-41	154	54	0.0499	0.0499	NUM
gujaf-41	154	55	(	(	PUNCT
gujaf-41	154	56	0.6441	0.6441	NUM
gujaf-41	154	57	)	)	PUNCT
gujaf-41	154	58	-0.0770	-0.0770	NOUN
gujaf-41	154	59	(	(	PUNCT
gujaf-41	154	60	0.4760	0.4760	NUM
gujaf-41	154	61	)	)	PUNCT
gujaf-41	154	62	0.0076	0.0076	NUM
gujaf-41	154	63	(	(	PUNCT
gujaf-41	154	64	0.9441	0.9441	NUM
gujaf-41	154	65	)	)	PUNCT
gujaf-41	154	66	0.0237	0.0237	NUM
gujaf-41	154	67	(	(	PUNCT
gujaf-41	154	68	0.8267	0.8267	NUM
gujaf-41	154	69	)	)	PUNCT
gujaf-41	154	70	-0.0736	-0.0736	NOUN
gujaf-41	154	71	(	(	PUNCT
gujaf-41	154	72	0.4958	0.4958	NUM
gujaf-41	154	73	)	)	PUNCT
gujaf-41	154	74	1	1	NUM
gujaf-41	154	75	source	source	NOUN
gujaf-41	154	76	:	:	PUNCT
gujaf-41	154	77	stata	stata	NOUN
gujaf-41	154	78	output	output	NOUN
gujaf-41	154	79	(	(	PUNCT
gujaf-41	154	80	appendix	appendix	VERB
gujaf-41	154	81	a	a	PRON
gujaf-41	154	82	)	)	PUNCT
gujaf-41	154	83	(	(	PUNCT
gujaf-41	154	84	p	p	NOUN
gujaf-41	154	85	-	-	PUNCT
gujaf-41	154	86	values	value	NOUN
gujaf-41	154	87	in	in	ADP
gujaf-41	154	88	parentheses	parenthesis	NOUN
gujaf-41	154	89	)	)	PUNCT
gujaf-41	154	90	table	table	NOUN
gujaf-41	154	91	4.3	4.3	NUM
gujaf-41	154	92	,	,	PUNCT
gujaf-41	154	93	show	show	VERB
gujaf-41	154	94	that	that	SCONJ
gujaf-41	154	95	the	the	DET
gujaf-41	154	96	relationship	relationship	NOUN
gujaf-41	154	97	between	between	ADP
gujaf-41	154	98	cash	cash	NOUN
gujaf-41	154	99	conversion	conversion	NOUN
gujaf-41	154	100	circle	circle	NOUN
gujaf-41	154	101	and	and	CCONJ
gujaf-41	154	102	return	return	VERB
gujaf-41	154	103	on	on	ADP
gujaf-41	154	104	asset	asset	NOUN
gujaf-41	154	105	of	of	ADP
gujaf-41	154	106	listed	list	VERB
gujaf-41	154	107	oil	oil	NOUN
gujaf-41	154	108	and	and	CCONJ
gujaf-41	154	109	gas	gas	NOUN
gujaf-41	154	110	firms	firm	NOUN
gujaf-41	154	111	in	in	ADP
gujaf-41	154	112	nigeria	nigeria	PROPN
gujaf-41	154	113	is	be	AUX
gujaf-41	154	114	negative	negative	ADJ
gujaf-41	154	115	and	and	CCONJ
gujaf-41	154	116	significant	significant	ADJ
gujaf-41	154	117	at	at	ADP
gujaf-41	154	118	1	1	NUM
gujaf-41	154	119	%	%	NOUN
gujaf-41	154	120	level	level	NOUN
gujaf-41	154	121	as	as	SCONJ
gujaf-41	154	122	indicated	indicate	VERB
gujaf-41	154	123	by	by	ADP
gujaf-41	154	124	the	the	DET
gujaf-41	154	125	correlation	correlation	NOUN
gujaf-41	154	126	coefficient	coefficient	NOUN
gujaf-41	154	127	of	of	ADP
gujaf-41	154	128	-0.6677	-0.6677	NOUN
gujaf-41	154	129	with	with	ADP
gujaf-41	154	130	a	a	DET
gujaf-41	154	131	significant	significant	ADJ
gujaf-41	154	132	p	p	NOUN
gujaf-41	154	133	-	-	PUNCT
gujaf-41	154	134	value	value	NOUN
gujaf-41	154	135	of	of	ADP
gujaf-41	154	136	0.0000	0.0000	NUM
gujaf-41	154	137	.	.	PUNCT
gujaf-41	155	1	this	this	PRON
gujaf-41	155	2	shows	show	VERB
gujaf-41	155	3	that	that	SCONJ
gujaf-41	155	4	there	there	PRON
gujaf-41	155	5	is	be	VERB
gujaf-41	155	6	a	a	DET
gujaf-41	155	7	strong	strong	ADJ
gujaf-41	155	8	and	and	CCONJ
gujaf-41	155	9	negative	negative	ADJ
gujaf-41	155	10	relationship	relationship	NOUN
gujaf-41	155	11	between	between	ADP
gujaf-41	155	12	ccc	ccc	PROPN
gujaf-41	155	13	and	and	CCONJ
gujaf-41	155	14	return	return	VERB
gujaf-41	155	15	on	on	ADP
gujaf-41	155	16	asset	asset	NOUN
gujaf-41	155	17	of	of	ADP
gujaf-41	155	18	the	the	DET
gujaf-41	155	19	sampled	sample	VERB
gujaf-41	155	20	firms	firm	NOUN
gujaf-41	155	21	.	.	PUNCT
gujaf-41	156	1	also	also	ADV
gujaf-41	156	2	from	from	ADP
gujaf-41	156	3	table	table	NOUN
gujaf-41	156	4	4.3	4.3	NUM
gujaf-41	156	5	,	,	PUNCT
gujaf-41	156	6	it	it	PRON
gujaf-41	156	7	can	can	AUX
gujaf-41	156	8	be	be	AUX
gujaf-41	156	9	seen	see	VERB
gujaf-41	156	10	that	that	SCONJ
gujaf-41	156	11	the	the	DET
gujaf-41	156	12	degree	degree	NOUN
gujaf-41	156	13	of	of	ADP
gujaf-41	156	14	association	association	NOUN
gujaf-41	156	15	between	between	ADP
gujaf-41	156	16	average	average	ADJ
gujaf-41	156	17	period	period	NOUN
gujaf-41	156	18	of	of	ADP
gujaf-41	156	19	debt	debt	NOUN
gujaf-41	156	20	settlement	settlement	NOUN
gujaf-41	156	21	and	and	CCONJ
gujaf-41	156	22	return	return	NOUN
gujaf-41	156	23	on	on	ADP
gujaf-41	156	24	asset	asset	NOUN
gujaf-41	156	25	is	be	AUX
gujaf-41	156	26	-0.4032	-0.4032	ADJ
gujaf-41	156	27	.	.	PUNCT
gujaf-41	157	1	this	this	PRON
gujaf-41	157	2	shows	show	VERB
gujaf-41	157	3	that	that	SCONJ
gujaf-41	157	4	there	there	PRON
gujaf-41	157	5	is	be	VERB
gujaf-41	157	6	a	a	DET
gujaf-41	157	7	strong	strong	ADJ
gujaf-41	157	8	significant	significant	ADJ
gujaf-41	157	9	negative	negative	ADJ
gujaf-41	157	10	association	association	NOUN
gujaf-41	157	11	between	between	ADP
gujaf-41	157	12	average	average	ADJ
gujaf-41	157	13	period	period	NOUN
gujaf-41	157	14	of	of	ADP
gujaf-41	157	15	debt	debt	NOUN
gujaf-41	157	16	settlement	settlement	NOUN
gujaf-41	157	17	and	and	CCONJ
gujaf-41	157	18	return	return	VERB
gujaf-41	157	19	on	on	ADP
gujaf-41	157	20	asset	asset	NOUN
gujaf-41	157	21	at	at	ADP
gujaf-41	157	22	1	1	NUM
gujaf-41	157	23	%	%	NOUN
gujaf-41	157	24	level	level	NOUN
gujaf-41	157	25	of	of	ADP
gujaf-41	157	26	significance	significance	NOUN
gujaf-41	157	27	as	as	SCONJ
gujaf-41	157	28	attested	attest	VERB
gujaf-41	157	29	from	from	ADP
gujaf-41	157	30	the	the	DET
gujaf-41	157	31	probability	probability	NOUN
gujaf-41	157	32	value	value	NOUN
gujaf-41	157	33	of	of	ADP
gujaf-41	157	34	0.0001	0.0001	NUM
gujaf-41	157	35	.	.	PUNCT
gujaf-41	158	1	the	the	DET
gujaf-41	158	2	correlation	correlation	NOUN
gujaf-41	158	3	coefficient	coefficient	NOUN
gujaf-41	158	4	indicates	indicate	VERB
gujaf-41	158	5	that	that	SCONJ
gujaf-41	158	6	,	,	PUNCT
gujaf-41	158	7	there	there	PRON
gujaf-41	158	8	is	be	VERB
gujaf-41	158	9	a	a	DET
gujaf-41	158	10	negative	negative	ADJ
gujaf-41	158	11	relationship	relationship	NOUN
gujaf-41	158	12	between	between	ADP
gujaf-41	158	13	the	the	DET
gujaf-41	158	14	two	two	NUM
gujaf-41	158	15	.	.	PUNCT
gujaf-41	159	1	gusau	gusau	PROPN
gujaf-41	159	2	journal	journal	PROPN
gujaf-41	159	3	of	of	ADP
gujaf-41	159	4	accounting	accounting	NOUN
gujaf-41	159	5	and	and	CCONJ
gujaf-41	159	6	finance	finance	NOUN
gujaf-41	159	7	,	,	PUNCT
gujaf-41	159	8	vol	vol	NOUN
gujaf-41	159	9	.	.	PUNCT
gujaf-41	160	1	i	i	PRON
gujaf-41	160	2	,	,	PUNCT
gujaf-41	160	3	issue	issue	NOUN
gujaf-41	160	4	2	2	NUM
gujaf-41	160	5	,	,	PUNCT
gujaf-41	160	6	october	october	PROPN
gujaf-41	160	7	,	,	PUNCT
gujaf-41	160	8	2020	2020	NUM
gujaf-41	160	9	13	13	NUM
gujaf-41	160	10	additionally	additionally	ADV
gujaf-41	160	11	,	,	PUNCT
gujaf-41	160	12	the	the	DET
gujaf-41	160	13	degree	degree	NOUN
gujaf-41	160	14	of	of	ADP
gujaf-41	160	15	association	association	NOUN
gujaf-41	160	16	between	between	ADP
gujaf-41	160	17	average	average	ADJ
gujaf-41	160	18	collection	collection	NOUN
gujaf-41	160	19	period	period	NOUN
gujaf-41	160	20	and	and	CCONJ
gujaf-41	160	21	return	return	NOUN
gujaf-41	160	22	on	on	ADP
gujaf-41	160	23	asset	asset	NOUN
gujaf-41	160	24	is	be	AUX
gujaf-41	160	25	0.3542	0.3542	NUM
gujaf-41	160	26	.	.	PUNCT
gujaf-41	161	1	this	this	PRON
gujaf-41	161	2	shows	show	VERB
gujaf-41	161	3	that	that	SCONJ
gujaf-41	161	4	there	there	PRON
gujaf-41	161	5	is	be	VERB
gujaf-41	161	6	a	a	DET
gujaf-41	161	7	significant	significant	ADJ
gujaf-41	161	8	positive	positive	ADJ
gujaf-41	161	9	association	association	NOUN
gujaf-41	161	10	between	between	ADP
gujaf-41	161	11	average	average	ADJ
gujaf-41	161	12	collection	collection	NOUN
gujaf-41	161	13	period	period	NOUN
gujaf-41	161	14	and	and	CCONJ
gujaf-41	161	15	performance	performance	NOUN
gujaf-41	161	16	at	at	ADP
gujaf-41	161	17	1	1	NUM
gujaf-41	161	18	%	%	NOUN
gujaf-41	161	19	level	level	NOUN
gujaf-41	161	20	as	as	SCONJ
gujaf-41	161	21	attested	attest	VERB
gujaf-41	161	22	from	from	ADP
gujaf-41	161	23	the	the	DET
gujaf-41	161	24	probability	probability	NOUN
gujaf-41	161	25	value	value	NOUN
gujaf-41	161	26	of	of	ADP
gujaf-41	161	27	0.0007	0.0007	NUM
gujaf-41	161	28	.	.	PUNCT
gujaf-41	162	1	the	the	DET
gujaf-41	162	2	correlation	correlation	NOUN
gujaf-41	162	3	coefficient	coefficient	NOUN
gujaf-41	162	4	indicates	indicate	VERB
gujaf-41	162	5	that	that	SCONJ
gujaf-41	162	6	,	,	PUNCT
gujaf-41	162	7	there	there	PRON
gujaf-41	162	8	is	be	VERB
gujaf-41	162	9	a	a	DET
gujaf-41	162	10	direct	direct	ADJ
gujaf-41	162	11	relationship	relationship	NOUN
gujaf-41	162	12	between	between	ADP
gujaf-41	162	13	the	the	DET
gujaf-41	162	14	two	two	NUM
gujaf-41	162	15	.	.	PUNCT
gujaf-41	163	1	furthermore	furthermore	ADV
gujaf-41	163	2	,	,	PUNCT
gujaf-41	163	3	average	average	ADJ
gujaf-41	163	4	period	period	NOUN
gujaf-41	163	5	of	of	ADP
gujaf-41	163	6	inventory	inventory	NOUN
gujaf-41	163	7	retention	retention	NOUN
gujaf-41	163	8	(	(	PUNCT
gujaf-41	163	9	apir	apir	NOUN
gujaf-41	163	10	)	)	PUNCT
gujaf-41	163	11	has	have	VERB
gujaf-41	163	12	an	an	DET
gujaf-41	163	13	insignificant	insignificant	ADJ
gujaf-41	163	14	negative	negative	ADJ
gujaf-41	163	15	association	association	NOUN
gujaf-41	163	16	with	with	ADP
gujaf-41	163	17	return	return	NOUN
gujaf-41	163	18	on	on	ADP
gujaf-41	163	19	asset	asset	NOUN
gujaf-41	163	20	of	of	ADP
gujaf-41	163	21	listed	list	VERB
gujaf-41	163	22	oil	oil	NOUN
gujaf-41	163	23	and	and	CCONJ
gujaf-41	163	24	gas	gas	NOUN
gujaf-41	163	25	firms	firm	NOUN
gujaf-41	163	26	in	in	ADP
gujaf-41	163	27	nigeria	nigeria	PROPN
gujaf-41	163	28	.	.	PUNCT
gujaf-41	164	1	this	this	PRON
gujaf-41	164	2	is	be	AUX
gujaf-41	164	3	because	because	SCONJ
gujaf-41	164	4	the	the	DET
gujaf-41	164	5	correlation	correlation	NOUN
gujaf-41	164	6	coefficient	coefficient	NOUN
gujaf-41	164	7	is	be	AUX
gujaf-41	164	8	0.0068and	0.0068and	NOUN
gujaf-41	164	9	not	not	PART
gujaf-41	164	10	significant	significant	ADJ
gujaf-41	164	11	at	at	ADV
gujaf-41	164	12	all	all	DET
gujaf-41	164	13	level	level	NOUN
gujaf-41	164	14	(	(	PUNCT
gujaf-41	164	15	pv	pv	INTJ
gujaf-41	164	16	–	–	PUNCT
gujaf-41	164	17	0.9498	0.9498	NUM
gujaf-41	164	18	)	)	PUNCT
gujaf-41	164	19	.	.	PUNCT
gujaf-41	165	1	firm	firm	ADJ
gujaf-41	165	2	size	size	NOUN
gujaf-41	165	3	(	(	PUNCT
gujaf-41	165	4	fs	fs	NOUN
gujaf-41	165	5	)	)	PUNCT
gujaf-41	165	6	and	and	CCONJ
gujaf-41	165	7	return	return	VERB
gujaf-41	165	8	on	on	ADP
gujaf-41	165	9	asset	asset	NOUN
gujaf-41	165	10	are	be	AUX
gujaf-41	165	11	positively	positively	ADV
gujaf-41	165	12	correlated	correlate	VERB
gujaf-41	165	13	as	as	SCONJ
gujaf-41	165	14	can	can	AUX
gujaf-41	165	15	be	be	AUX
gujaf-41	165	16	seen	see	VERB
gujaf-41	165	17	from	from	ADP
gujaf-41	165	18	a	a	DET
gujaf-41	165	19	coefficient	coefficient	NOUN
gujaf-41	165	20	value	value	NOUN
gujaf-41	165	21	of	of	ADP
gujaf-41	165	22	0.0499	0.0499	NUM
gujaf-41	165	23	and	and	CCONJ
gujaf-41	165	24	it	it	PRON
gujaf-41	165	25	is	be	AUX
gujaf-41	165	26	not	not	PART
gujaf-41	165	27	significant	significant	ADJ
gujaf-41	165	28	at	at	ADP
gujaf-41	165	29	all	all	DET
gujaf-41	165	30	level	level	NOUN
gujaf-41	165	31	of	of	ADP
gujaf-41	165	32	significance	significance	NOUN
gujaf-41	165	33	.	.	PUNCT
gujaf-41	166	1	the	the	DET
gujaf-41	166	2	correlation	correlation	NOUN
gujaf-41	166	3	coefficient	coefficient	NOUN
gujaf-41	166	4	of	of	ADP
gujaf-41	166	5	firm	firm	ADJ
gujaf-41	166	6	size	size	NOUN
gujaf-41	166	7	is	be	AUX
gujaf-41	166	8	0.0499	0.0499	NUM
gujaf-41	166	9	with	with	ADP
gujaf-41	166	10	a	a	DET
gujaf-41	166	11	probability	probability	NOUN
gujaf-41	166	12	value	value	NOUN
gujaf-41	166	13	of	of	ADP
gujaf-41	166	14	0.6441	0.6441	NUM
gujaf-41	166	15	,	,	PUNCT
gujaf-41	166	16	shows	show	VERB
gujaf-41	166	17	that	that	PRON
gujaf-41	166	18	firm	firm	ADJ
gujaf-41	166	19	size	size	NOUN
gujaf-41	166	20	(	(	PUNCT
gujaf-41	166	21	fs	fs	NOUN
gujaf-41	166	22	)	)	PUNCT
gujaf-41	166	23	has	have	VERB
gujaf-41	166	24	also	also	ADV
gujaf-41	166	25	a	a	DET
gujaf-41	166	26	weak	weak	ADJ
gujaf-41	166	27	insignificant	insignificant	ADJ
gujaf-41	166	28	association	association	NOUN
gujaf-41	166	29	with	with	ADP
gujaf-41	166	30	return	return	NOUN
gujaf-41	166	31	on	on	ADP
gujaf-41	166	32	asset	asset	NOUN
gujaf-41	166	33	at	at	ADP
gujaf-41	166	34	no	no	DET
gujaf-41	166	35	level	level	NOUN
gujaf-41	166	36	of	of	ADP
gujaf-41	166	37	significance	significance	NOUN
gujaf-41	166	38	.	.	PUNCT
gujaf-41	167	1	4.3	4.3	NUM
gujaf-41	167	2	robustness	robustness	NOUN
gujaf-41	167	3	test	test	NOUN
gujaf-41	167	4	for	for	ADP
gujaf-41	167	5	independent	independent	ADJ
gujaf-41	167	6	and	and	CCONJ
gujaf-41	167	7	dependent	dependent	ADJ
gujaf-41	167	8	variables	variable	NOUN
gujaf-41	167	9	table	table	VERB
gujaf-41	167	10	4.3	4.3	NUM
gujaf-41	167	11	:	:	PUNCT
gujaf-41	167	12	robustness	robustness	NOUN
gujaf-41	167	13	test	test	NOUN
gujaf-41	167	14	results	result	VERB
gujaf-41	167	15	variables	variable	NOUN
gujaf-41	167	16	vif	vif	NOUN
gujaf-41	167	17	tolerance	tolerance	NOUN
gujaf-41	167	18	values	value	NOUN
gujaf-41	167	19	ccc	ccc	VERB
gujaf-41	167	20	1.16	1.16	NUM
gujaf-41	167	21	0.860782	0.860782	NUM
gujaf-41	167	22	apdr	apdr	NOUN
gujaf-41	167	23	1.09	1.09	NUM
gujaf-41	167	24	0.934269	0.934269	NUM
gujaf-41	167	25	acp	acp	PROPN
gujaf-41	167	26	1.30	1.30	NUM
gujaf-41	167	27	0.771628	0.771628	NUM
gujaf-41	167	28	apir	apir	NOUN
gujaf-41	167	29	1.01	1.01	NUM
gujaf-41	167	30	0.991310	0.991310	NUM
gujaf-41	167	31	fs	fs	ADP
gujaf-41	167	32	1.19	1.19	NUM
gujaf-41	167	33	0.838003	0.838003	NUM
gujaf-41	167	34	mean	mean	NOUN
gujaf-41	167	35	vif	vif	NOUN
gujaf-41	167	36	1.15	1.15	NUM
gujaf-41	167	37	hettest	hettest	PROPN
gujaf-41	167	38	chi2	chi2	PROPN
gujaf-41	167	39	2.36	2.36	NUM
gujaf-41	167	40	hettest	hettest	NOUN
gujaf-41	167	41	sig	sig	NOUN
gujaf-41	167	42	0.1245	0.1245	NUM
gujaf-41	167	43	hausman	hausman	PROPN
gujaf-41	167	44	chi2	chi2	PROPN
gujaf-41	167	45	17.15	17.15	NUM
gujaf-41	167	46	hauman	hauman	NOUN
gujaf-41	167	47	sig	sig	NOUN
gujaf-41	167	48	0.0088	0.0088	NUM
gujaf-41	167	49	source	source	NOUN
gujaf-41	167	50	:	:	PUNCT
gujaf-41	167	51	stata	stata	NOUN
gujaf-41	167	52	output	output	NOUN
gujaf-41	167	53	(	(	PUNCT
gujaf-41	167	54	appendix	appendix	VERB
gujaf-41	167	55	a	a	DET
gujaf-41	167	56	)	)	PUNCT
gujaf-41	167	57	multicollinearity	multicollinearity	NOUN
gujaf-41	167	58	test	test	NOUN
gujaf-41	167	59	:	:	PUNCT
gujaf-41	167	60	the	the	DET
gujaf-41	167	61	results	result	NOUN
gujaf-41	167	62	from	from	ADP
gujaf-41	167	63	table	table	NOUN
gujaf-41	167	64	4.3	4.3	NUM
gujaf-41	167	65	proved	prove	VERB
gujaf-41	167	66	the	the	DET
gujaf-41	167	67	absence	absence	NOUN
gujaf-41	167	68	of	of	ADP
gujaf-41	167	69	perfect	perfect	ADJ
gujaf-41	167	70	multicollinearity	multicollinearity	NOUN
gujaf-41	167	71	among	among	ADP
gujaf-41	167	72	the	the	DET
gujaf-41	167	73	independent	independent	ADJ
gujaf-41	167	74	variables	variable	NOUN
gujaf-41	167	75	,	,	PUNCT
gujaf-41	167	76	because	because	SCONJ
gujaf-41	167	77	the	the	DET
gujaf-41	167	78	smallest	small	ADJ
gujaf-41	167	79	tolerance	tolerance	NOUN
gujaf-41	167	80	value	value	NOUN
gujaf-41	167	81	(	(	PUNCT
gujaf-41	167	82	tv	tv	NOUN
gujaf-41	167	83	)	)	PUNCT
gujaf-41	167	84	is	be	AUX
gujaf-41	167	85	0.771628	0.771628	NUM
gujaf-41	167	86	,	,	PUNCT
gujaf-41	167	87	corresponding	correspond	VERB
gujaf-41	167	88	with	with	ADP
gujaf-41	167	89	the	the	DET
gujaf-41	167	90	highest	high	ADJ
gujaf-41	167	91	variance	variance	NOUN
gujaf-41	167	92	inflation	inflation	NOUN
gujaf-41	167	93	factor	factor	NOUN
gujaf-41	167	94	(	(	PUNCT
gujaf-41	167	95	vif	vif	NOUN
gujaf-41	167	96	)	)	PUNCT
gujaf-41	167	97	of	of	ADP
gujaf-41	167	98	1.30	1.30	NUM
gujaf-41	167	99	.	.	PUNCT
gujaf-41	168	1	the	the	DET
gujaf-41	168	2	table	table	NOUN
gujaf-41	168	3	indicates	indicate	VERB
gujaf-41	168	4	that	that	SCONJ
gujaf-41	168	5	all	all	DET
gujaf-41	168	6	the	the	DET
gujaf-41	168	7	vif	vif	NOUN
gujaf-41	168	8	were	be	AUX
gujaf-41	168	9	consistently	consistently	ADV
gujaf-41	168	10	less	less	ADJ
gujaf-41	168	11	than	than	ADP
gujaf-41	168	12	10	10	NUM
gujaf-41	168	13	and	and	CCONJ
gujaf-41	168	14	tolerance	tolerance	NOUN
gujaf-41	168	15	values	value	NOUN
gujaf-41	168	16	were	be	AUX
gujaf-41	168	17	also	also	ADV
gujaf-41	168	18	consistently	consistently	ADV
gujaf-41	168	19	less	less	ADJ
gujaf-41	168	20	than	than	ADP
gujaf-41	168	21	1.0	1.0	NUM
gujaf-41	168	22	but	but	CCONJ
gujaf-41	168	23	greater	great	ADJ
gujaf-41	168	24	than	than	ADP
gujaf-41	168	25	0.01	0.01	NUM
gujaf-41	168	26	.	.	PUNCT
gujaf-41	169	1	the	the	DET
gujaf-41	169	2	rule	rule	NOUN
gujaf-41	169	3	of	of	ADP
gujaf-41	169	4	thumb	thumb	NOUN
gujaf-41	169	5	for	for	ADP
gujaf-41	169	6	the	the	DET
gujaf-41	169	7	gusau	gusau	ADJ
gujaf-41	169	8	journal	journal	NOUN
gujaf-41	169	9	of	of	ADP
gujaf-41	169	10	accounting	accounting	NOUN
gujaf-41	169	11	and	and	CCONJ
gujaf-41	169	12	finance	finance	NOUN
gujaf-41	169	13	,	,	PUNCT
gujaf-41	169	14	vol	vol	NOUN
gujaf-41	169	15	.	.	PUNCT
gujaf-41	170	1	i	i	PRON
gujaf-41	170	2	,	,	PUNCT
gujaf-41	170	3	issue	issue	NOUN
gujaf-41	170	4	2	2	NUM
gujaf-41	170	5	,	,	PUNCT
gujaf-41	170	6	october	october	PROPN
gujaf-41	170	7	,	,	PUNCT
gujaf-41	170	8	2020	2020	NUM
gujaf-41	170	9	14	14	NUM
gujaf-41	170	10	tolerance	tolerance	NOUN
gujaf-41	170	11	value	value	NOUN
gujaf-41	170	12	is	be	AUX
gujaf-41	170	13	that	that	SCONJ
gujaf-41	170	14	any	any	DET
gujaf-41	170	15	value	value	NOUN
gujaf-41	170	16	of	of	ADP
gujaf-41	170	17	1.0	1.0	NUM
gujaf-41	170	18	and	and	CCONJ
gujaf-41	170	19	above	above	ADV
gujaf-41	170	20	implies	imply	VERB
gujaf-41	170	21	the	the	DET
gujaf-41	170	22	presence	presence	NOUN
gujaf-41	170	23	of	of	ADP
gujaf-41	170	24	perfect	perfect	ADJ
gujaf-41	170	25	multicollinearity	multicollinearity	NOUN
gujaf-41	170	26	in	in	ADP
gujaf-41	170	27	the	the	DET
gujaf-41	170	28	estimators	estimator	NOUN
gujaf-41	170	29	,	,	PUNCT
gujaf-41	170	30	while	while	SCONJ
gujaf-41	170	31	for	for	ADP
gujaf-41	170	32	the	the	DET
gujaf-41	170	33	variance	variance	NOUN
gujaf-41	170	34	inflation	inflation	NOUN
gujaf-41	170	35	factor	factor	NOUN
gujaf-41	170	36	a	a	DET
gujaf-41	170	37	value	value	NOUN
gujaf-41	170	38	of	of	ADP
gujaf-41	170	39	10	10	NUM
gujaf-41	170	40	and	and	CCONJ
gujaf-41	170	41	above	above	ADV
gujaf-41	170	42	is	be	AUX
gujaf-41	170	43	an	an	DET
gujaf-41	170	44	indication	indication	NOUN
gujaf-41	170	45	of	of	ADP
gujaf-41	170	46	perfect	perfect	ADJ
gujaf-41	170	47	multicollinearity	multicollinearity	NOUN
gujaf-41	170	48	.	.	PUNCT
gujaf-41	171	1	heteroscedasticity	heteroscedasticity	NOUN
gujaf-41	171	2	:	:	PUNCT
gujaf-41	171	3	the	the	DET
gujaf-41	171	4	evidence	evidence	NOUN
gujaf-41	171	5	from	from	ADP
gujaf-41	171	6	breusch	breusch	ADJ
gujaf-41	171	7	pagan	pagan	ADJ
gujaf-41	171	8	/	/	SYM
gujaf-41	171	9	cook	cook	PROPN
gujaf-41	171	10	-	-	PUNCT
gujaf-41	171	11	weisberg	weisberg	PROPN
gujaf-41	171	12	coefficient	coefficient	NOUN
gujaf-41	171	13	of	of	ADP
gujaf-41	171	14	2.36	2.36	NUM
gujaf-41	171	15	with	with	ADP
gujaf-41	171	16	the	the	DET
gujaf-41	171	17	probability	probability	NOUN
gujaf-41	171	18	value	value	NOUN
gujaf-41	171	19	of	of	ADP
gujaf-41	171	20	the	the	DET
gujaf-41	171	21	chi	chi	PROPN
gujaf-41	171	22	square	square	PROPN
gujaf-41	171	23	is	be	AUX
gujaf-41	171	24	statistically	statistically	ADV
gujaf-41	171	25	not	not	PART
gujaf-41	171	26	significant	significant	ADJ
gujaf-41	171	27	at	at	ADV
gujaf-41	171	28	all	all	PRON
gujaf-41	171	29	level	level	NOUN
gujaf-41	171	30	(	(	PUNCT
gujaf-41	171	31	pvalue	pvalue	NOUN
gujaf-41	171	32	>	>	X
gujaf-41	171	33	chi2	chi2	NOUN
gujaf-41	171	34	of	of	ADP
gujaf-41	171	35	0.1245	0.1245	NUM
gujaf-41	171	36	)	)	PUNCT
gujaf-41	171	37	confirms	confirm	VERB
gujaf-41	171	38	the	the	DET
gujaf-41	171	39	absence	absence	NOUN
gujaf-41	171	40	of	of	ADP
gujaf-41	171	41	the	the	DET
gujaf-41	171	42	effects	effect	NOUN
gujaf-41	171	43	of	of	ADP
gujaf-41	171	44	heteroskedasticity	heteroskedasticity	NOUN
gujaf-41	171	45	,	,	PUNCT
gujaf-41	171	46	that	that	ADV
gujaf-41	171	47	is	is	ADV
gujaf-41	171	48	,	,	PUNCT
gujaf-41	171	49	there	there	PRON
gujaf-41	171	50	is	be	VERB
gujaf-41	171	51	constant	constant	ADJ
gujaf-41	171	52	variance	variance	NOUN
gujaf-41	171	53	in	in	ADP
gujaf-41	171	54	the	the	DET
gujaf-41	171	55	residuals	residual	NOUN
gujaf-41	171	56	(	(	PUNCT
gujaf-41	171	57	indicating	indicate	VERB
gujaf-41	171	58	that	that	SCONJ
gujaf-41	171	59	the	the	DET
gujaf-41	171	60	data	datum	NOUN
gujaf-41	171	61	are	be	AUX
gujaf-41	171	62	homoscedastic	homoscedastic	ADJ
gujaf-41	171	63	)	)	PUNCT
gujaf-41	171	64	.	.	PUNCT
gujaf-41	172	1	moreover	moreover	ADV
gujaf-41	172	2	,	,	PUNCT
gujaf-41	172	3	breusch	breusch	ADJ
gujaf-41	172	4	pagan	pagan	ADJ
gujaf-41	172	5	/	/	SYM
gujaf-41	172	6	cook	cook	PROPN
gujaf-41	172	7	-	-	PUNCT
gujaf-41	172	8	weisberg	weisberg	PROPN
gujaf-41	172	9	test	test	NOUN
gujaf-41	172	10	is	be	AUX
gujaf-41	172	11	conducted	conduct	VERB
gujaf-41	172	12	to	to	PART
gujaf-41	172	13	check	check	VERB
gujaf-41	172	14	whether	whether	SCONJ
gujaf-41	172	15	the	the	DET
gujaf-41	172	16	variability	variability	NOUN
gujaf-41	172	17	of	of	ADP
gujaf-41	172	18	error	error	NOUN
gujaf-41	172	19	terms	term	NOUN
gujaf-41	172	20	is	be	AUX
gujaf-41	172	21	constant	constant	ADJ
gujaf-41	172	22	or	or	CCONJ
gujaf-41	172	23	not	not	PART
gujaf-41	172	24	.	.	PUNCT
gujaf-41	173	1	the	the	DET
gujaf-41	173	2	absence	absence	NOUN
gujaf-41	173	3	of	of	ADP
gujaf-41	173	4	heteroscedasticity	heteroscedasticity	NOUN
gujaf-41	173	5	indicates	indicate	VERB
gujaf-41	173	6	that	that	SCONJ
gujaf-41	173	7	the	the	DET
gujaf-41	173	8	variation	variation	NOUN
gujaf-41	173	9	of	of	ADP
gujaf-41	173	10	the	the	DET
gujaf-41	173	11	error	error	NOUN
gujaf-41	173	12	term	term	NOUN
gujaf-41	173	13	is	be	AUX
gujaf-41	173	14	constant	constant	ADJ
gujaf-41	173	15	which	which	PRON
gujaf-41	173	16	would	would	AUX
gujaf-41	173	17	not	not	PART
gujaf-41	173	18	affect	affect	VERB
gujaf-41	173	19	the	the	DET
gujaf-41	173	20	best	good	ADJ
gujaf-41	173	21	linear	linear	ADJ
gujaf-41	173	22	unbiased	unbiased	ADJ
gujaf-41	173	23	estimators	estimator	NOUN
gujaf-41	173	24	(	(	PUNCT
gujaf-41	173	25	blue	blue	ADJ
gujaf-41	173	26	)	)	PUNCT
gujaf-41	173	27	of	of	ADP
gujaf-41	173	28	the	the	DET
gujaf-41	173	29	study	study	NOUN
gujaf-41	173	30	(	(	PUNCT
gujaf-41	173	31	gujurati	gujurati	PROPN
gujaf-41	173	32	,	,	PUNCT
gujaf-41	173	33	1995	1995	NUM
gujaf-41	173	34	)	)	PUNCT
gujaf-41	173	35	.	.	PUNCT
gujaf-41	174	1	this	this	PRON
gujaf-41	174	2	suggests	suggest	VERB
gujaf-41	174	3	that	that	SCONJ
gujaf-41	174	4	the	the	DET
gujaf-41	174	5	original	original	ADJ
gujaf-41	174	6	ols	ol	NOUN
gujaf-41	174	7	regression	regression	NOUN
gujaf-41	174	8	model	model	NOUN
gujaf-41	174	9	is	be	AUX
gujaf-41	174	10	chosen	choose	VERB
gujaf-41	174	11	and	and	CCONJ
gujaf-41	174	12	used	use	VERB
gujaf-41	174	13	in	in	ADP
gujaf-41	174	14	the	the	DET
gujaf-41	174	15	analysis	analysis	NOUN
gujaf-41	174	16	and	and	CCONJ
gujaf-41	174	17	hypotheses	hypothesis	NOUN
gujaf-41	174	18	testing	testing	NOUN
gujaf-41	174	19	.	.	PUNCT
gujaf-41	175	1	hausman	hausman	PROPN
gujaf-41	175	2	specification	specification	PROPN
gujaf-41	175	3	test	test	NOUN
gujaf-41	175	4	:	:	PUNCT
gujaf-41	175	5	the	the	DET
gujaf-41	175	6	choice	choice	NOUN
gujaf-41	175	7	,	,	PUNCT
gujaf-41	175	8	for	for	ADP
gujaf-41	175	9	which	which	DET
gujaf-41	175	10	result	result	NOUN
gujaf-41	175	11	will	will	AUX
gujaf-41	175	12	best	well	ADV
gujaf-41	175	13	fit	fit	VERB
gujaf-41	175	14	the	the	DET
gujaf-41	175	15	study	study	NOUN
gujaf-41	175	16	between	between	ADP
gujaf-41	175	17	fixed	fix	VERB
gujaf-41	175	18	and	and	CCONJ
gujaf-41	175	19	random	random	ADJ
gujaf-41	175	20	effect	effect	NOUN
gujaf-41	175	21	models	model	NOUN
gujaf-41	175	22	,	,	PUNCT
gujaf-41	175	23	is	be	AUX
gujaf-41	175	24	achieved	achieve	VERB
gujaf-41	175	25	by	by	ADP
gujaf-41	175	26	conducting	conduct	VERB
gujaf-41	175	27	hausman	hausman	ADJ
gujaf-41	175	28	specification	specification	NOUN
gujaf-41	175	29	test	test	NOUN
gujaf-41	175	30	for	for	ADP
gujaf-41	175	31	fixed	fixed	ADJ
gujaf-41	175	32	and	and	CCONJ
gujaf-41	175	33	random	random	ADJ
gujaf-41	175	34	effect	effect	NOUN
gujaf-41	175	35	to	to	PART
gujaf-41	175	36	select	select	VERB
gujaf-41	175	37	the	the	DET
gujaf-41	175	38	most	most	ADV
gujaf-41	175	39	appropriate	appropriate	ADJ
gujaf-41	175	40	model	model	NOUN
gujaf-41	175	41	(	(	PUNCT
gujaf-41	175	42	gujarati	gujarati	PROPN
gujaf-41	175	43	,	,	PUNCT
gujaf-41	175	44	1995	1995	NUM
gujaf-41	175	45	)	)	PUNCT
gujaf-41	175	46	.	.	PUNCT
gujaf-41	176	1	it	it	PRON
gujaf-41	176	2	tests	test	VERB
gujaf-41	176	3	whether	whether	SCONJ
gujaf-41	176	4	the	the	DET
gujaf-41	176	5	unique	unique	ADJ
gujaf-41	176	6	errors	error	NOUN
gujaf-41	176	7	(	(	PUNCT
gujaf-41	176	8	stochastic	stochastic	ADJ
gujaf-41	176	9	disturbance	disturbance	NOUN
gujaf-41	176	10	)	)	PUNCT
gujaf-41	176	11	are	be	AUX
gujaf-41	176	12	correlated	correlate	VERB
gujaf-41	176	13	with	with	ADP
gujaf-41	176	14	the	the	DET
gujaf-41	176	15	independent	independent	ADJ
gujaf-41	176	16	variables	variable	NOUN
gujaf-41	176	17	.	.	PUNCT
gujaf-41	177	1	the	the	DET
gujaf-41	177	2	result	result	NOUN
gujaf-41	177	3	of	of	ADP
gujaf-41	177	4	the	the	DET
gujaf-41	177	5	test	test	NOUN
gujaf-41	177	6	reveals	reveal	VERB
gujaf-41	177	7	that	that	SCONJ
gujaf-41	177	8	they	they	PRON
gujaf-41	177	9	are	be	AUX
gujaf-41	177	10	highly	highly	ADV
gujaf-41	177	11	correlated	correlate	VERB
gujaf-41	177	12	because	because	SCONJ
gujaf-41	177	13	the	the	DET
gujaf-41	177	14	chi	chi	ADJ
gujaf-41	177	15	-	-	PUNCT
gujaf-41	177	16	square	square	ADJ
gujaf-41	177	17	probability	probability	NOUN
gujaf-41	177	18	is	be	AUX
gujaf-41	177	19	insignificant	insignificant	ADJ
gujaf-41	177	20	at	at	ADV
gujaf-41	177	21	all	all	DET
gujaf-41	177	22	level	level	NOUN
gujaf-41	177	23	of	of	ADP
gujaf-41	177	24	significant	significant	ADJ
gujaf-41	177	25	(	(	PUNCT
gujaf-41	177	26	0.1614	0.1614	NUM
gujaf-41	177	27	)	)	PUNCT
gujaf-41	177	28	which	which	PRON
gujaf-41	177	29	would	would	AUX
gujaf-41	177	30	have	have	AUX
gujaf-41	177	31	guided	guide	VERB
gujaf-41	177	32	us	we	PRON
gujaf-41	177	33	to	to	PART
gujaf-41	177	34	interpret	interpret	VERB
gujaf-41	177	35	the	the	DET
gujaf-41	177	36	result	result	NOUN
gujaf-41	177	37	of	of	ADP
gujaf-41	177	38	the	the	DET
gujaf-41	177	39	random	random	ADJ
gujaf-41	177	40	effect	effect	NOUN
gujaf-41	177	41	model	model	NOUN
gujaf-41	177	42	if	if	SCONJ
gujaf-41	177	43	there	there	PRON
gujaf-41	177	44	was	be	VERB
gujaf-41	177	45	heteroskedasticity	heteroskedasticity	NOUN
gujaf-41	177	46	problem	problem	NOUN
gujaf-41	177	47	in	in	ADP
gujaf-41	177	48	our	our	PRON
gujaf-41	177	49	data	datum	NOUN
gujaf-41	177	50	.	.	PUNCT
gujaf-41	178	1	robust	robust	ADJ
gujaf-41	178	2	linear	linear	ADJ
gujaf-41	178	3	regression	regression	NOUN
gujaf-41	178	4	(	(	PUNCT
gujaf-41	178	5	ols	ol	NOUN
gujaf-41	178	6	)	)	PUNCT
gujaf-41	178	7	due	due	ADP
gujaf-41	178	8	to	to	ADP
gujaf-41	178	9	the	the	DET
gujaf-41	178	10	fact	fact	NOUN
gujaf-41	178	11	that	that	SCONJ
gujaf-41	178	12	some	some	DET
gujaf-41	178	13	firm	firm	NOUN
gujaf-41	178	14	’s	’s	PART
gujaf-41	178	15	specific	specific	ADJ
gujaf-41	178	16	attributes	attribute	NOUN
gujaf-41	178	17	affect	affect	VERB
gujaf-41	178	18	the	the	DET
gujaf-41	178	19	outcome	outcome	NOUN
gujaf-41	178	20	variable	variable	NOUN
gujaf-41	178	21	in	in	ADP
gujaf-41	178	22	the	the	DET
gujaf-41	178	23	ordinary	ordinary	ADJ
gujaf-41	178	24	least	least	ADJ
gujaf-41	178	25	square	square	ADJ
gujaf-41	178	26	regression	regression	NOUN
gujaf-41	178	27	model	model	NOUN
gujaf-41	178	28	,	,	PUNCT
gujaf-41	178	29	the	the	DET
gujaf-41	178	30	robust	robust	ADJ
gujaf-41	178	31	(	(	PUNCT
gujaf-41	178	32	heteroscedasticity	heteroscedasticity	NOUN
gujaf-41	178	33	adjusted	adjust	VERB
gujaf-41	178	34	standard	standard	ADJ
gujaf-41	178	35	errors	error	NOUN
gujaf-41	178	36	)	)	PUNCT
gujaf-41	178	37	ordinary	ordinary	ADJ
gujaf-41	178	38	least	least	ADJ
gujaf-41	178	39	squares	square	NOUN
gujaf-41	178	40	was	be	AUX
gujaf-41	178	41	incorporated	incorporate	VERB
gujaf-41	178	42	in	in	ADP
gujaf-41	178	43	the	the	DET
gujaf-41	178	44	model	model	NOUN
gujaf-41	178	45	to	to	PART
gujaf-41	178	46	absorb	absorb	VERB
gujaf-41	178	47	the	the	DET
gujaf-41	178	48	effect	effect	NOUN
gujaf-41	178	49	of	of	ADP
gujaf-41	178	50	the	the	DET
gujaf-41	178	51	unobserved	unobserved	ADJ
gujaf-41	178	52	heterogeneity	heterogeneity	NOUN
gujaf-41	178	53	in	in	ADP
gujaf-41	178	54	the	the	DET
gujaf-41	178	55	original	original	ADJ
gujaf-41	178	56	ols	ol	NOUN
gujaf-41	178	57	regression	regression	NOUN
gujaf-41	178	58	.	.	PUNCT
gujaf-41	179	1	this	this	PRON
gujaf-41	179	2	is	be	AUX
gujaf-41	179	3	contained	contain	VERB
gujaf-41	179	4	in	in	ADP
gujaf-41	179	5	the	the	DET
gujaf-41	179	6	results	result	NOUN
gujaf-41	179	7	attached	attach	VERB
gujaf-41	179	8	in	in	ADP
gujaf-41	179	9	the	the	DET
gujaf-41	179	10	appendix	appendix	ADJ
gujaf-41	179	11	a.	a.	NOUN
gujaf-41	179	12	4.4	4.4	NUM
gujaf-41	179	13	presentation	presentation	NOUN
gujaf-41	179	14	,	,	PUNCT
gujaf-41	179	15	analysisand	analysisand	NOUN
gujaf-41	179	16	discussion	discussion	NOUN
gujaf-41	179	17	of	of	ADP
gujaf-41	179	18	regression	regression	NOUN
gujaf-41	179	19	results	result	NOUN
gujaf-41	179	20	table	table	VERB
gujaf-41	179	21	4.4	4.4	NUM
gujaf-41	179	22	regression	regression	NOUN
gujaf-41	179	23	results	result	NOUN
gujaf-41	179	24	(	(	PUNCT
gujaf-41	179	25	robust	robust	ADJ
gujaf-41	179	26	ols	ol	NOUN
gujaf-41	179	27	)	)	PUNCT
gujaf-41	179	28	model	model	NOUN
gujaf-41	179	29	:	:	PUNCT
gujaf-41	179	30	variable	variable	ADJ
gujaf-41	179	31	coefficient	coefficient	NOUN
gujaf-41	179	32	t	t	NOUN
gujaf-41	179	33	-	-	PUNCT
gujaf-41	179	34	value	value	NOUN
gujaf-41	179	35	p	p	NOUN
gujaf-41	179	36	-	-	PUNCT
gujaf-41	179	37	value	value	NOUN
gujaf-41	179	38	ccc	ccc	NOUN
gujaf-41	179	39	-0.0008798	-0.0008798	NOUN
gujaf-41	180	1	-5.15	-5.15	PUNCT
gujaf-41	180	2	0.000	0.000	NUM
gujaf-41	180	3	gusau	gusau	ADJ
gujaf-41	180	4	journal	journal	NOUN
gujaf-41	180	5	of	of	ADP
gujaf-41	180	6	accounting	accounting	NOUN
gujaf-41	180	7	and	and	CCONJ
gujaf-41	180	8	finance	finance	NOUN
gujaf-41	180	9	,	,	PUNCT
gujaf-41	180	10	vol	vol	NOUN
gujaf-41	180	11	.	.	PUNCT
gujaf-41	181	1	i	i	PRON
gujaf-41	181	2	,	,	PUNCT
gujaf-41	181	3	issue	issue	NOUN
gujaf-41	181	4	2	2	NUM
gujaf-41	181	5	,	,	PUNCT
gujaf-41	181	6	october	october	PROPN
gujaf-41	181	7	,	,	PUNCT
gujaf-41	181	8	2020	2020	NUM
gujaf-41	181	9	15	15	NUM
gujaf-41	181	10	apdr	apdr	NOUN
gujaf-41	181	11	-0.0017611	-0.0017611	NOUN
gujaf-41	181	12	-2.88	-2.88	VERB
gujaf-41	181	13	0.005	0.005	NUM
gujaf-41	181	14	acp	acp	PROPN
gujaf-41	181	15	0.0021921	0.0021921	NUM
gujaf-41	181	16	2.08	2.08	NUM
gujaf-41	181	17	0.041	0.041	NUM
gujaf-41	181	18	apir	apir	NOUN
gujaf-41	181	19	0.000059	0.000059	NUM
gujaf-41	181	20	0.08	0.08	NUM
gujaf-41	181	21	0.939	0.939	NUM
gujaf-41	181	22	fs	fs	ADP
gujaf-41	181	23	-0.0005879	-0.0005879	PROPN
gujaf-41	181	24	-1.57	-1.57	PROPN
gujaf-41	181	25	0.120	0.120	NUM
gujaf-41	181	26	constant	constant	ADJ
gujaf-41	181	27	0.0606693	0.0606693	NUM
gujaf-41	181	28	7.13	7.13	NUM
gujaf-41	181	29	0.000	0.000	NUM
gujaf-41	181	30	r2	r2	NOUN
gujaf-41	181	31	0.5410	0.5410	NUM
gujaf-41	181	32	f	f	NOUN
gujaf-41	181	33	-	-	PUNCT
gujaf-41	181	34	statistics	statistic	NOUN
gujaf-41	181	35	23.53	23.53	NUM
gujaf-41	181	36	f	f	NOUN
gujaf-41	181	37	-	-	PUNCT
gujaf-41	181	38	sig	sig	ADJ
gujaf-41	181	39	0.0000	0.0000	NUM
gujaf-41	181	40	source	source	NOUN
gujaf-41	181	41	:	:	PUNCT
gujaf-41	181	42	stata	stata	NOUN
gujaf-41	181	43	output	output	NOUN
gujaf-41	181	44	(	(	PUNCT
gujaf-41	181	45	appendix	appendix	VERB
gujaf-41	181	46	a	a	PRON
gujaf-41	181	47	)	)	PUNCT
gujaf-41	181	48	the	the	DET
gujaf-41	181	49	results	result	NOUN
gujaf-41	181	50	from	from	ADP
gujaf-41	181	51	table	table	NOUN
gujaf-41	181	52	4.4	4.4	NUM
gujaf-41	181	53	indicate	indicate	VERB
gujaf-41	181	54	that	that	SCONJ
gujaf-41	181	55	the	the	DET
gujaf-41	181	56	overall	overall	ADJ
gujaf-41	181	57	coefficient	coefficient	NOUN
gujaf-41	181	58	of	of	ADP
gujaf-41	181	59	multiple	multiple	ADJ
gujaf-41	181	60	determination	determination	NOUN
gujaf-41	181	61	(	(	PUNCT
gujaf-41	181	62	r2	r2	PROPN
gujaf-41	181	63	0.5410	0.5410	NUM
gujaf-41	181	64	)	)	PUNCT
gujaf-41	181	65	implied	imply	VERB
gujaf-41	181	66	that	that	SCONJ
gujaf-41	181	67	the	the	DET
gujaf-41	181	68	working	work	VERB
gujaf-41	181	69	capital	capital	NOUN
gujaf-41	181	70	management	management	NOUN
gujaf-41	181	71	variables	variable	NOUN
gujaf-41	181	72	(	(	PUNCT
gujaf-41	181	73	cash	cash	NOUN
gujaf-41	181	74	conversion	conversion	NOUN
gujaf-41	181	75	circle	circle	NOUN
gujaf-41	181	76	,	,	PUNCT
gujaf-41	181	77	average	average	ADJ
gujaf-41	181	78	period	period	NOUN
gujaf-41	181	79	of	of	ADP
gujaf-41	181	80	debt	debt	NOUN
gujaf-41	181	81	settlement	settlement	NOUN
gujaf-41	181	82	,	,	PUNCT
gujaf-41	181	83	average	average	ADJ
gujaf-41	181	84	collection	collection	NOUN
gujaf-41	181	85	period	period	NOUN
gujaf-41	181	86	,	,	PUNCT
gujaf-41	181	87	and	and	CCONJ
gujaf-41	181	88	average	average	ADJ
gujaf-41	181	89	period	period	NOUN
gujaf-41	181	90	of	of	ADP
gujaf-41	181	91	inventory	inventory	NOUN
gujaf-41	181	92	retention	retention	NOUN
gujaf-41	181	93	,	,	PUNCT
gujaf-41	181	94	firm	firm	ADJ
gujaf-41	181	95	size	size	NOUN
gujaf-41	181	96	)	)	PUNCT
gujaf-41	181	97	explained	explain	VERB
gujaf-41	181	98	54.10	54.10	NUM
gujaf-41	181	99	%	%	NOUN
gujaf-41	181	100	of	of	ADP
gujaf-41	181	101	the	the	DET
gujaf-41	181	102	total	total	ADJ
gujaf-41	181	103	variation	variation	NOUN
gujaf-41	181	104	in	in	ADP
gujaf-41	181	105	the	the	DET
gujaf-41	181	106	dependent	dependent	ADJ
gujaf-41	181	107	variable	variable	NOUN
gujaf-41	181	108	(	(	PUNCT
gujaf-41	181	109	financial	financial	ADJ
gujaf-41	181	110	performance	performance	NOUN
gujaf-41	181	111	)	)	PUNCT
gujaf-41	181	112	of	of	ADP
gujaf-41	181	113	the	the	DET
gujaf-41	181	114	listed	list	VERB
gujaf-41	181	115	oil	oil	NOUN
gujaf-41	181	116	and	and	CCONJ
gujaf-41	181	117	gas	gas	NOUN
gujaf-41	181	118	firms	firm	NOUN
gujaf-41	181	119	in	in	ADP
gujaf-41	181	120	nigeria	nigeria	PROPN
gujaf-41	181	121	.	.	PUNCT
gujaf-41	182	1	the	the	DET
gujaf-41	182	2	table	table	NOUN
gujaf-41	182	3	also	also	ADV
gujaf-41	182	4	shows	show	VERB
gujaf-41	182	5	that	that	SCONJ
gujaf-41	182	6	the	the	DET
gujaf-41	182	7	model	model	NOUN
gujaf-41	182	8	is	be	AUX
gujaf-41	182	9	fit	fit	ADJ
gujaf-41	182	10	as	as	SCONJ
gujaf-41	182	11	evidenced	evidence	VERB
gujaf-41	182	12	by	by	ADP
gujaf-41	182	13	the	the	DET
gujaf-41	182	14	f	f	PROPN
gujaf-41	182	15	-	-	PUNCT
gujaf-41	182	16	statistics	statistic	NOUN
gujaf-41	182	17	of	of	ADP
gujaf-41	182	18	23.53	23.53	NUM
gujaf-41	182	19	which	which	PRON
gujaf-41	182	20	is	be	AUX
gujaf-41	182	21	significant	significant	ADJ
gujaf-41	182	22	at	at	ADP
gujaf-41	182	23	1	1	NUM
gujaf-41	182	24	%	%	NOUN
gujaf-41	182	25	level	level	NOUN
gujaf-41	182	26	of	of	ADP
gujaf-41	182	27	significance	significance	NOUN
gujaf-41	182	28	(	(	PUNCT
gujaf-41	182	29	p	p	NOUN
gujaf-41	182	30	-	-	PUNCT
gujaf-41	182	31	value	value	NOUN
gujaf-41	182	32	0.0000	0.0000	NUM
gujaf-41	182	33	)	)	PUNCT
gujaf-41	182	34	.	.	PUNCT
gujaf-41	183	1	this	this	PRON
gujaf-41	183	2	implies	imply	VERB
gujaf-41	183	3	99	99	NUM
gujaf-41	183	4	%	%	NOUN
gujaf-41	183	5	confidence	confidence	NOUN
gujaf-41	183	6	level	level	NOUN
gujaf-41	183	7	that	that	SCONJ
gujaf-41	183	8	,	,	PUNCT
gujaf-41	183	9	the	the	DET
gujaf-41	183	10	probability	probability	NOUN
gujaf-41	183	11	that	that	SCONJ
gujaf-41	183	12	the	the	DET
gujaf-41	183	13	relationship	relationship	NOUN
gujaf-41	183	14	among	among	ADP
gujaf-41	183	15	the	the	DET
gujaf-41	183	16	variables	variable	NOUN
gujaf-41	183	17	occurred	occur	VERB
gujaf-41	183	18	by	by	ADP
gujaf-41	183	19	chance	chance	NOUN
gujaf-41	183	20	is	be	AUX
gujaf-41	183	21	only	only	ADV
gujaf-41	183	22	1	1	NUM
gujaf-41	183	23	%	%	NOUN
gujaf-41	183	24	.	.	PUNCT
gujaf-41	184	1	4.4.1	4.4.1	NUM
gujaf-41	184	2	cash	cash	NOUN
gujaf-41	184	3	conversion	conversion	NOUN
gujaf-41	184	4	circle	circle	NOUN
gujaf-41	184	5	and	and	CCONJ
gujaf-41	184	6	return	return	VERB
gujaf-41	184	7	on	on	ADP
gujaf-41	184	8	asset	asset	NOUN
gujaf-41	184	9	the	the	DET
gujaf-41	184	10	regression	regression	NOUN
gujaf-41	184	11	result	result	NOUN
gujaf-41	184	12	revealed	reveal	VERB
gujaf-41	184	13	that	that	SCONJ
gujaf-41	184	14	cash	cash	NOUN
gujaf-41	184	15	conversion	conversion	NOUN
gujaf-41	184	16	circle	circle	NOUN
gujaf-41	184	17	(	(	PUNCT
gujaf-41	184	18	ccc	ccc	PROPN
gujaf-41	184	19	)	)	PUNCT
gujaf-41	184	20	has	have	VERB
gujaf-41	184	21	a	a	DET
gujaf-41	184	22	t	t	NOUN
gujaf-41	184	23	-	-	PUNCT
gujaf-41	184	24	value	value	NOUN
gujaf-41	184	25	of	of	ADP
gujaf-41	184	26	5.15	5.15	NUM
gujaf-41	184	27	,	,	PUNCT
gujaf-41	184	28	coefficient	coefficient	NOUN
gujaf-41	184	29	value	value	NOUN
gujaf-41	184	30	of	of	ADP
gujaf-41	184	31	-0.0008798	-0.0008798	NOUN
gujaf-41	184	32	at	at	ADP
gujaf-41	184	33	1	1	NUM
gujaf-41	184	34	%	%	NOUN
gujaf-41	184	35	level	level	NOUN
gujaf-41	184	36	of	of	ADP
gujaf-41	184	37	significance	significance	NOUN
gujaf-41	184	38	(	(	PUNCT
gujaf-41	184	39	p	p	NOUN
gujaf-41	184	40	-	-	PUNCT
gujaf-41	184	41	value	value	NOUN
gujaf-41	184	42	of	of	ADP
gujaf-41	184	43	0.000	0.000	NUM
gujaf-41	184	44	)	)	PUNCT
gujaf-41	184	45	.	.	PUNCT
gujaf-41	185	1	this	this	PRON
gujaf-41	185	2	signifies	signify	VERB
gujaf-41	185	3	that	that	SCONJ
gujaf-41	185	4	cash	cash	NOUN
gujaf-41	185	5	conversion	conversion	NOUN
gujaf-41	185	6	circle	circle	NOUN
gujaf-41	185	7	has	have	VERB
gujaf-41	185	8	a	a	DET
gujaf-41	185	9	negative	negative	ADJ
gujaf-41	185	10	and	and	CCONJ
gujaf-41	185	11	statistically	statistically	ADV
gujaf-41	185	12	significant	significant	ADJ
gujaf-41	185	13	affect	affect	VERB
gujaf-41	185	14	return	return	NOUN
gujaf-41	185	15	on	on	ADP
gujaf-41	185	16	asset	asset	NOUN
gujaf-41	185	17	of	of	ADP
gujaf-41	185	18	listed	list	VERB
gujaf-41	185	19	oil	oil	NOUN
gujaf-41	185	20	and	and	CCONJ
gujaf-41	185	21	gas	gas	NOUN
gujaf-41	185	22	firms	firm	NOUN
gujaf-41	185	23	in	in	ADP
gujaf-41	185	24	nigeria	nigeria	PROPN
gujaf-41	185	25	.	.	PUNCT
gujaf-41	186	1	this	this	PRON
gujaf-41	186	2	implies	imply	VERB
gujaf-41	186	3	that	that	SCONJ
gujaf-41	186	4	for	for	ADP
gujaf-41	186	5	every	every	DET
gujaf-41	186	6	additional	additional	ADJ
gujaf-41	186	7	one	one	NUM
gujaf-41	186	8	-	-	PUNCT
gujaf-41	186	9	day	day	NOUN
gujaf-41	186	10	increase	increase	NOUN
gujaf-41	186	11	in	in	ADP
gujaf-41	186	12	the	the	DET
gujaf-41	186	13	number	number	NOUN
gujaf-41	186	14	of	of	ADP
gujaf-41	186	15	days	day	NOUN
gujaf-41	186	16	in	in	ADP
gujaf-41	186	17	ccc	ccc	PROPN
gujaf-41	186	18	,	,	PUNCT
gujaf-41	186	19	the	the	DET
gujaf-41	186	20	return	return	NOUN
gujaf-41	186	21	on	on	ADP
gujaf-41	186	22	asset	asset	NOUN
gujaf-41	186	23	of	of	ADP
gujaf-41	186	24	the	the	DET
gujaf-41	186	25	sampled	sample	VERB
gujaf-41	186	26	firms	firm	NOUN
gujaf-41	186	27	will	will	AUX
gujaf-41	186	28	decrease	decrease	VERB
gujaf-41	186	29	by	by	ADP
gujaf-41	186	30	.09	.09	NUM
gujaf-41	186	31	%	%	NOUN
gujaf-41	186	32	.	.	PUNCT
gujaf-41	187	1	this	this	PRON
gujaf-41	187	2	is	be	AUX
gujaf-41	187	3	not	not	PART
gujaf-41	187	4	surprising	surprising	ADJ
gujaf-41	187	5	and	and	CCONJ
gujaf-41	187	6	meets	meet	VERB
gujaf-41	187	7	the	the	DET
gujaf-41	187	8	study	study	NOUN
gujaf-41	187	9	’s	’s	PART
gujaf-41	187	10	expectation	expectation	NOUN
gujaf-41	187	11	,	,	PUNCT
gujaf-41	187	12	considering	consider	VERB
gujaf-41	187	13	the	the	DET
gujaf-41	187	14	fact	fact	NOUN
gujaf-41	187	15	that	that	SCONJ
gujaf-41	187	16	in	in	ADP
gujaf-41	187	17	the	the	DET
gujaf-41	187	18	real	real	ADJ
gujaf-41	187	19	world	world	NOUN
gujaf-41	187	20	,	,	PUNCT
gujaf-41	187	21	as	as	ADP
gujaf-41	187	22	firm	firm	NOUN
gujaf-41	187	23	’s	’s	PART
gujaf-41	187	24	cash	cash	NOUN
gujaf-41	187	25	conversion	conversion	NOUN
gujaf-41	187	26	cycle	cycle	NOUN
gujaf-41	187	27	increases	increase	NOUN
gujaf-41	187	28	,	,	PUNCT
gujaf-41	187	29	profitability	profitability	NOUN
gujaf-41	187	30	is	be	AUX
gujaf-41	187	31	supposed	suppose	VERB
gujaf-41	187	32	to	to	PART
gujaf-41	187	33	decline	decline	VERB
gujaf-41	187	34	based	base	VERB
gujaf-41	187	35	on	on	ADP
gujaf-41	187	36	the	the	DET
gujaf-41	187	37	argument	argument	NOUN
gujaf-41	187	38	that	that	SCONJ
gujaf-41	187	39	the	the	DET
gujaf-41	187	40	shorter	short	ADJ
gujaf-41	187	41	an	an	DET
gujaf-41	187	42	investment	investment	NOUN
gujaf-41	187	43	is	be	AUX
gujaf-41	187	44	locked	lock	VERB
gujaf-41	187	45	up	up	ADP
gujaf-41	187	46	in	in	ADP
gujaf-41	187	47	production	production	NOUN
gujaf-41	187	48	before	before	ADP
gujaf-41	187	49	turning	turn	VERB
gujaf-41	187	50	into	into	ADP
gujaf-41	187	51	cash	cash	NOUN
gujaf-41	187	52	,	,	PUNCT
gujaf-41	187	53	the	the	DET
gujaf-41	187	54	healthier	healthy	ADJ
gujaf-41	187	55	the	the	DET
gujaf-41	187	56	profitability	profitability	NOUN
gujaf-41	187	57	.	.	PUNCT
gujaf-41	188	1	thus	thus	ADV
gujaf-41	188	2	,	,	PUNCT
gujaf-41	188	3	this	this	PRON
gujaf-41	188	4	provides	provide	VERB
gujaf-41	188	5	an	an	DET
gujaf-41	188	6	evidence	evidence	NOUN
gujaf-41	188	7	of	of	ADP
gujaf-41	188	8	rejecting	reject	VERB
gujaf-41	188	9	the	the	DET
gujaf-41	188	10	first	first	ADJ
gujaf-41	188	11	hypothesis	hypothesis	NOUN
gujaf-41	188	12	of	of	ADP
gujaf-41	188	13	the	the	DET
gujaf-41	188	14	study	study	NOUN
gujaf-41	188	15	at	at	ADP
gujaf-41	188	16	90	90	NUM
gujaf-41	188	17	%	%	NOUN
gujaf-41	188	18	confidence	confidence	NOUN
gujaf-41	188	19	level	level	NOUN
gujaf-41	188	20	.	.	PUNCT
gujaf-41	189	1	ho1	ho1	NOUN
gujaf-41	189	2	,	,	PUNCT
gujaf-41	189	3	is	be	AUX
gujaf-41	189	4	rejected	reject	VERB
gujaf-41	189	5	.	.	PUNCT
gujaf-41	190	1	the	the	DET
gujaf-41	190	2	finding	finding	NOUN
gujaf-41	190	3	is	be	AUX
gujaf-41	190	4	in	in	ADP
gujaf-41	190	5	line	line	NOUN
gujaf-41	190	6	with	with	ADP
gujaf-41	190	7	those	those	PRON
gujaf-41	190	8	of	of	ADP
gujaf-41	190	9	raheman	raheman	NOUN
gujaf-41	190	10	and	and	CCONJ
gujaf-41	190	11	nasr	nasr	PROPN
gujaf-41	190	12	(	(	PUNCT
gujaf-41	190	13	2007	2007	NUM
gujaf-41	190	14	)	)	PUNCT
gujaf-41	190	15	,	,	PUNCT
gujaf-41	190	16	and	and	CCONJ
gujaf-41	190	17	soheila	soheila	PROPN
gujaf-41	190	18	and	and	CCONJ
gujaf-41	190	19	torgheh	torgheh	PROPN
gujaf-41	190	20	(	(	PUNCT
gujaf-41	190	21	2008	2008	NUM
gujaf-41	190	22	)	)	PUNCT
gujaf-41	190	23	.	.	PUNCT
gujaf-41	191	1	however	however	ADV
gujaf-41	191	2	,	,	PUNCT
gujaf-41	191	3	the	the	DET
gujaf-41	191	4	result	result	NOUN
gujaf-41	191	5	of	of	ADP
gujaf-41	191	6	the	the	DET
gujaf-41	191	7	study	study	NOUN
gujaf-41	191	8	contradicts	contradict	VERB
gujaf-41	191	9	those	those	PRON
gujaf-41	191	10	of	of	ADP
gujaf-41	191	11	usama	usama	NOUN
gujaf-41	191	12	(	(	PUNCT
gujaf-41	191	13	2012	2012	NUM
gujaf-41	191	14	)	)	PUNCT
gujaf-41	191	15	and	and	CCONJ
gujaf-41	191	16	sharma	sharma	PROPN
gujaf-41	191	17	and	and	CCONJ
gujaf-41	191	18	kumar	kumar	PROPN
gujaf-41	191	19	(	(	PUNCT
gujaf-41	191	20	2011	2011	NUM
gujaf-41	191	21	)	)	PUNCT
gujaf-41	191	22	.	.	PUNCT
gujaf-41	192	1	gusau	gusau	PROPN
gujaf-41	192	2	journal	journal	PROPN
gujaf-41	192	3	of	of	ADP
gujaf-41	192	4	accounting	accounting	NOUN
gujaf-41	192	5	and	and	CCONJ
gujaf-41	192	6	finance	finance	NOUN
gujaf-41	192	7	,	,	PUNCT
gujaf-41	192	8	vol	vol	NOUN
gujaf-41	192	9	.	.	PUNCT
gujaf-41	193	1	i	i	PRON
gujaf-41	193	2	,	,	PUNCT
gujaf-41	193	3	issue	issue	NOUN
gujaf-41	193	4	2	2	NUM
gujaf-41	193	5	,	,	PUNCT
gujaf-41	193	6	october	october	PROPN
gujaf-41	193	7	,	,	PUNCT
gujaf-41	193	8	2020	2020	NUM
gujaf-41	193	9	16	16	NUM
gujaf-41	193	10	4.4.2	4.4.2	NUM
gujaf-41	193	11	average	average	ADJ
gujaf-41	193	12	period	period	NOUN
gujaf-41	193	13	of	of	ADP
gujaf-41	193	14	debt	debt	NOUN
gujaf-41	193	15	settlement	settlement	NOUN
gujaf-41	193	16	and	and	CCONJ
gujaf-41	193	17	return	return	VERB
gujaf-41	193	18	on	on	ADP
gujaf-41	193	19	asset	asset	NOUN
gujaf-41	193	20	in	in	ADP
gujaf-41	193	21	addition	addition	NOUN
gujaf-41	193	22	,	,	PUNCT
gujaf-41	193	23	the	the	DET
gujaf-41	193	24	result	result	NOUN
gujaf-41	193	25	of	of	ADP
gujaf-41	193	26	average	average	ADJ
gujaf-41	193	27	period	period	NOUN
gujaf-41	193	28	of	of	ADP
gujaf-41	193	29	debt	debt	NOUN
gujaf-41	193	30	settlement	settlement	NOUN
gujaf-41	193	31	(	(	PUNCT
gujaf-41	193	32	apdr	apdr	NOUN
gujaf-41	193	33	)	)	PUNCT
gujaf-41	193	34	in	in	ADP
gujaf-41	193	35	determining	determine	VERB
gujaf-41	193	36	the	the	DET
gujaf-41	193	37	strength	strength	NOUN
gujaf-41	193	38	or	or	CCONJ
gujaf-41	193	39	weakness	weakness	NOUN
gujaf-41	193	40	of	of	ADP
gujaf-41	193	41	the	the	DET
gujaf-41	193	42	return	return	NOUN
gujaf-41	193	43	on	on	ADP
gujaf-41	193	44	asset	asset	NOUN
gujaf-41	193	45	reveals	reveal	VERB
gujaf-41	193	46	a	a	DET
gujaf-41	193	47	t	t	NOUN
gujaf-41	193	48	-	-	PUNCT
gujaf-41	193	49	value	value	NOUN
gujaf-41	193	50	of	of	ADP
gujaf-41	193	51	-2.88	-2.88	NUM
gujaf-41	193	52	and	and	CCONJ
gujaf-41	193	53	a	a	DET
gujaf-41	193	54	beta	beta	ADJ
gujaf-41	193	55	value	value	NOUN
gujaf-41	193	56	of	of	ADP
gujaf-41	193	57	-0.0017611	-0.0017611	NOUN
gujaf-41	193	58	with	with	ADP
gujaf-41	193	59	a	a	DET
gujaf-41	193	60	p	p	NOUN
gujaf-41	193	61	-	-	PUNCT
gujaf-41	193	62	value	value	NOUN
gujaf-41	193	63	of	of	ADP
gujaf-41	193	64	0.005	0.005	NUM
gujaf-41	193	65	.	.	PUNCT
gujaf-41	194	1	this	this	PRON
gujaf-41	194	2	indicates	indicate	VERB
gujaf-41	194	3	that	that	SCONJ
gujaf-41	194	4	apdr	apdr	NOUN
gujaf-41	194	5	has	have	VERB
gujaf-41	194	6	a	a	DET
gujaf-41	194	7	strong	strong	ADJ
gujaf-41	194	8	and	and	CCONJ
gujaf-41	194	9	significant	significant	ADJ
gujaf-41	194	10	negative	negative	ADJ
gujaf-41	194	11	effect	effect	NOUN
gujaf-41	194	12	on	on	ADP
gujaf-41	194	13	the	the	DET
gujaf-41	194	14	return	return	NOUN
gujaf-41	194	15	on	on	ADP
gujaf-41	194	16	asset	asset	NOUN
gujaf-41	194	17	of	of	ADP
gujaf-41	194	18	listed	list	VERB
gujaf-41	194	19	oil	oil	NOUN
gujaf-41	194	20	and	and	CCONJ
gujaf-41	194	21	gas	gas	NOUN
gujaf-41	194	22	firms	firm	NOUN
gujaf-41	194	23	in	in	ADP
gujaf-41	194	24	nigeria	nigeria	PROPN
gujaf-41	194	25	.	.	PUNCT
gujaf-41	195	1	this	this	PRON
gujaf-41	195	2	implies	imply	VERB
gujaf-41	195	3	that	that	SCONJ
gujaf-41	195	4	for	for	ADP
gujaf-41	195	5	every	every	DET
gujaf-41	195	6	one	one	NUM
gujaf-41	195	7	percent	percent	NOUN
gujaf-41	195	8	(	(	PUNCT
gujaf-41	195	9	1	1	NUM
gujaf-41	195	10	%	%	NOUN
gujaf-41	195	11	)	)	PUNCT
gujaf-41	195	12	increase	increase	NOUN
gujaf-41	195	13	in	in	ADP
gujaf-41	195	14	the	the	DET
gujaf-41	195	15	average	average	ADJ
gujaf-41	195	16	period	period	NOUN
gujaf-41	195	17	of	of	ADP
gujaf-41	195	18	debt	debt	NOUN
gujaf-41	195	19	settlement	settlement	NOUN
gujaf-41	195	20	,	,	PUNCT
gujaf-41	195	21	the	the	DET
gujaf-41	195	22	return	return	NOUN
gujaf-41	195	23	on	on	ADP
gujaf-41	195	24	asset	asset	NOUN
gujaf-41	195	25	of	of	ADP
gujaf-41	195	26	the	the	DET
gujaf-41	195	27	listed	list	VERB
gujaf-41	195	28	oil	oil	NOUN
gujaf-41	195	29	and	and	CCONJ
gujaf-41	195	30	gas	gas	NOUN
gujaf-41	195	31	firms	firm	NOUN
gujaf-41	195	32	in	in	ADP
gujaf-41	195	33	nigeria	nigeria	PROPN
gujaf-41	195	34	will	will	AUX
gujaf-41	195	35	decrease	decrease	VERB
gujaf-41	195	36	by	by	ADP
gujaf-41	195	37	0.17	0.17	NUM
gujaf-41	195	38	%	%	NOUN
gujaf-41	195	39	.	.	PUNCT
gujaf-41	196	1	this	this	PRON
gujaf-41	196	2	is	be	AUX
gujaf-41	196	3	not	not	PART
gujaf-41	196	4	surprising	surprising	ADJ
gujaf-41	196	5	and	and	CCONJ
gujaf-41	196	6	met	meet	VERB
gujaf-41	196	7	the	the	DET
gujaf-41	196	8	study	study	NOUN
gujaf-41	196	9	’s	’s	PART
gujaf-41	196	10	expectation	expectation	NOUN
gujaf-41	196	11	because	because	SCONJ
gujaf-41	196	12	the	the	PRON
gujaf-41	196	13	earlier	early	ADJ
gujaf-41	196	14	it	it	PRON
gujaf-41	196	15	takes	take	VERB
gujaf-41	196	16	firms	firm	NOUN
gujaf-41	196	17	to	to	PART
gujaf-41	196	18	receive	receive	VERB
gujaf-41	196	19	cash	cash	NOUN
gujaf-41	196	20	from	from	ADP
gujaf-41	196	21	their	their	PRON
gujaf-41	196	22	customers	customer	NOUN
gujaf-41	196	23	the	the	DET
gujaf-41	196	24	better	well	ADJ
gujaf-41	196	25	opportunity	opportunity	NOUN
gujaf-41	196	26	they	they	PRON
gujaf-41	196	27	have	have	VERB
gujaf-41	196	28	to	to	PART
gujaf-41	196	29	invest	invest	VERB
gujaf-41	196	30	in	in	ADP
gujaf-41	196	31	other	other	ADJ
gujaf-41	196	32	profitable	profitable	ADJ
gujaf-41	196	33	ventures	venture	NOUN
gujaf-41	196	34	.	.	PUNCT
gujaf-41	197	1	this	this	DET
gujaf-41	197	2	finding	finding	NOUN
gujaf-41	197	3	provides	provide	VERB
gujaf-41	197	4	evidence	evidence	NOUN
gujaf-41	197	5	to	to	PART
gujaf-41	197	6	reject	reject	VERB
gujaf-41	197	7	hypothesis	hypothesis	NOUN
gujaf-41	197	8	2	2	NUM
gujaf-41	197	9	at	at	ADP
gujaf-41	197	10	99	99	NUM
gujaf-41	197	11	%	%	NOUN
gujaf-41	197	12	confidence	confidence	NOUN
gujaf-41	197	13	level	level	NOUN
gujaf-41	197	14	,	,	PUNCT
gujaf-41	197	15	ho2	ho2	PROPN
gujaf-41	197	16	is	be	AUX
gujaf-41	197	17	rejected	reject	VERB
gujaf-41	197	18	.	.	PUNCT
gujaf-41	198	1	this	this	PRON
gujaf-41	198	2	supports	support	VERB
gujaf-41	198	3	the	the	DET
gujaf-41	198	4	findings	finding	NOUN
gujaf-41	198	5	of	of	ADP
gujaf-41	198	6	gill	gill	PROPN
gujaf-41	198	7	,	,	PUNCT
gujaf-41	198	8	et	et	PROPN
gujaf-41	198	9	al	al	PROPN
gujaf-41	198	10	.	.	PROPN
gujaf-41	199	1	(	(	PUNCT
gujaf-41	199	2	2010	2010	NUM
gujaf-41	199	3	)	)	PUNCT
gujaf-41	199	4	and	and	CCONJ
gujaf-41	199	5	karaduman	karaduman	NOUN
gujaf-41	199	6	,	,	PUNCT
gujaf-41	199	7	akbas	akbas	ADJ
gujaf-41	199	8	,	,	PUNCT
gujaf-41	199	9	caliskan	caliskan	NOUN
gujaf-41	199	10	,	,	PUNCT
gujaf-41	199	11	and	and	CCONJ
gujaf-41	199	12	durer	durer	PROPN
gujaf-41	199	13	(	(	PUNCT
gujaf-41	199	14	2011	2011	NUM
gujaf-41	199	15	)	)	PUNCT
gujaf-41	199	16	.	.	PUNCT
gujaf-41	200	1	however	however	ADV
gujaf-41	200	2	,	,	PUNCT
gujaf-41	200	3	it	it	PRON
gujaf-41	200	4	is	be	AUX
gujaf-41	200	5	contradicting	contradict	VERB
gujaf-41	200	6	the	the	DET
gujaf-41	200	7	findings	finding	NOUN
gujaf-41	200	8	of	of	ADP
gujaf-41	200	9	el	el	PROPN
gujaf-41	200	10	-	-	PROPN
gujaf-41	200	11	maude	maude	PROPN
gujaf-41	200	12	and	and	CCONJ
gujaf-41	200	13	shuaib	shuaib	NOUN
gujaf-41	200	14	(	(	PUNCT
gujaf-41	200	15	2016	2016	NUM
gujaf-41	200	16	)	)	PUNCT
gujaf-41	200	17	and	and	CCONJ
gujaf-41	200	18	sharma	sharma	PROPN
gujaf-41	200	19	and	and	CCONJ
gujaf-41	200	20	kumar	kumar	PROPN
gujaf-41	200	21	(	(	PUNCT
gujaf-41	200	22	2011	2011	NUM
gujaf-41	200	23	)	)	PUNCT
gujaf-41	200	24	.	.	PUNCT
gujaf-41	201	1	4.4.3	4.4.3	NUM
gujaf-41	201	2	average	average	ADJ
gujaf-41	201	3	collection	collection	NOUN
gujaf-41	201	4	period	period	NOUN
gujaf-41	201	5	and	and	CCONJ
gujaf-41	201	6	return	return	VERB
gujaf-41	201	7	on	on	ADP
gujaf-41	201	8	asset	asset	NOUN
gujaf-41	201	9	the	the	DET
gujaf-41	201	10	regression	regression	NOUN
gujaf-41	201	11	results	result	VERB
gujaf-41	201	12	further	far	ADV
gujaf-41	201	13	reveal	reveal	VERB
gujaf-41	201	14	that	that	SCONJ
gujaf-41	201	15	average	average	ADJ
gujaf-41	201	16	collection	collection	NOUN
gujaf-41	201	17	period	period	NOUN
gujaf-41	201	18	(	(	PUNCT
gujaf-41	201	19	acp	acp	PROPN
gujaf-41	201	20	)	)	PUNCT
gujaf-41	201	21	has	have	VERB
gujaf-41	201	22	positive	positive	ADJ
gujaf-41	201	23	and	and	CCONJ
gujaf-41	201	24	strong	strong	ADJ
gujaf-41	201	25	significant	significant	ADJ
gujaf-41	201	26	impact	impact	NOUN
gujaf-41	201	27	on	on	ADP
gujaf-41	201	28	return	return	NOUN
gujaf-41	201	29	on	on	ADP
gujaf-41	201	30	asset	asset	NOUN
gujaf-41	201	31	of	of	ADP
gujaf-41	201	32	listed	list	VERB
gujaf-41	201	33	oil	oil	NOUN
gujaf-41	201	34	and	and	CCONJ
gujaf-41	201	35	gas	gas	NOUN
gujaf-41	201	36	firms	firm	NOUN
gujaf-41	201	37	at	at	ADP
gujaf-41	201	38	5	5	NUM
gujaf-41	201	39	%	%	NOUN
gujaf-41	201	40	significant	significant	ADJ
gujaf-41	201	41	level	level	NOUN
gujaf-41	201	42	.	.	PUNCT
gujaf-41	202	1	this	this	PRON
gujaf-41	202	2	can	can	AUX
gujaf-41	202	3	also	also	ADV
gujaf-41	202	4	be	be	AUX
gujaf-41	202	5	observed	observe	VERB
gujaf-41	202	6	from	from	ADP
gujaf-41	202	7	the	the	DET
gujaf-41	202	8	statistical	statistical	ADJ
gujaf-41	202	9	t	t	NOUN
gujaf-41	202	10	-	-	PUNCT
gujaf-41	202	11	value	value	NOUN
gujaf-41	202	12	of	of	ADP
gujaf-41	202	13	2.08	2.08	NUM
gujaf-41	202	14	with	with	ADP
gujaf-41	202	15	probability	probability	NOUN
gujaf-41	202	16	value	value	NOUN
gujaf-41	202	17	of	of	ADP
gujaf-41	202	18	0.041	0.041	NUM
gujaf-41	202	19	and	and	CCONJ
gujaf-41	202	20	a	a	DET
gujaf-41	202	21	beta	beta	ADJ
gujaf-41	202	22	coefficient	coefficient	NOUN
gujaf-41	202	23	value	value	NOUN
gujaf-41	202	24	of	of	ADP
gujaf-41	202	25	0.0021921	0.0021921	NUM
gujaf-41	202	26	.	.	PUNCT
gujaf-41	203	1	this	this	PRON
gujaf-41	203	2	shows	show	VERB
gujaf-41	203	3	that	that	SCONJ
gujaf-41	203	4	an	an	DET
gujaf-41	203	5	increase	increase	NOUN
gujaf-41	203	6	in	in	ADP
gujaf-41	203	7	the	the	DET
gujaf-41	203	8	average	average	ADJ
gujaf-41	203	9	collection	collection	NOUN
gujaf-41	203	10	period	period	NOUN
gujaf-41	203	11	(	(	PUNCT
gujaf-41	203	12	acp	acp	PROPN
gujaf-41	203	13	)	)	PUNCT
gujaf-41	203	14	by	by	ADP
gujaf-41	203	15	0.2	0.2	NUM
gujaf-41	203	16	%	%	NOUN
gujaf-41	203	17	will	will	AUX
gujaf-41	203	18	significantly	significantly	ADV
gujaf-41	203	19	increases	increase	VERB
gujaf-41	203	20	return	return	VERB
gujaf-41	203	21	on	on	ADP
gujaf-41	203	22	asset	asset	NOUN
gujaf-41	203	23	of	of	ADP
gujaf-41	203	24	listed	list	VERB
gujaf-41	203	25	oil	oil	NOUN
gujaf-41	203	26	and	and	CCONJ
gujaf-41	203	27	gas	gas	NOUN
gujaf-41	203	28	firms	firm	NOUN
gujaf-41	203	29	in	in	ADP
gujaf-41	203	30	nigeria	nigeria	PROPN
gujaf-41	203	31	by	by	ADP
gujaf-41	203	32	at	at	ADV
gujaf-41	203	33	least	least	ADV
gujaf-41	203	34	1	1	NUM
gujaf-41	203	35	%	%	NOUN
gujaf-41	203	36	.	.	PUNCT
gujaf-41	204	1	this	this	PRON
gujaf-41	204	2	may	may	AUX
gujaf-41	204	3	not	not	PART
gujaf-41	204	4	be	be	AUX
gujaf-41	204	5	possible	possible	ADJ
gujaf-41	204	6	at	at	ADP
gujaf-41	204	7	all	all	DET
gujaf-41	204	8	times	time	NOUN
gujaf-41	204	9	as	as	SCONJ
gujaf-41	204	10	some	some	DET
gujaf-41	204	11	suppliers	supplier	NOUN
gujaf-41	204	12	look	look	VERB
gujaf-41	204	13	at	at	ADP
gujaf-41	204	14	the	the	DET
gujaf-41	204	15	credit	credit	NOUN
gujaf-41	204	16	worthiness	worthiness	NOUN
gujaf-41	204	17	as	as	ADV
gujaf-41	204	18	well	well	ADV
gujaf-41	204	19	as	as	ADP
gujaf-41	204	20	prompt	prompt	ADJ
gujaf-41	204	21	payment	payment	NOUN
gujaf-41	204	22	of	of	ADP
gujaf-41	204	23	the	the	DET
gujaf-41	204	24	company	company	NOUN
gujaf-41	204	25	to	to	PART
gujaf-41	204	26	encourage	encourage	VERB
gujaf-41	204	27	them	they	PRON
gujaf-41	204	28	to	to	PART
gujaf-41	204	29	be	be	AUX
gujaf-41	204	30	supplying	supply	VERB
gujaf-41	204	31	goods	good	NOUN
gujaf-41	204	32	in	in	ADP
gujaf-41	204	33	time	time	NOUN
gujaf-41	204	34	.	.	PUNCT
gujaf-41	205	1	however	however	ADV
gujaf-41	205	2	,	,	PUNCT
gujaf-41	205	3	this	this	DET
gujaf-41	205	4	elongated	elongate	VERB
gujaf-41	205	5	settlement	settlement	NOUN
gujaf-41	205	6	period	period	NOUN
gujaf-41	205	7	will	will	AUX
gujaf-41	205	8	give	give	VERB
gujaf-41	205	9	companies	company	NOUN
gujaf-41	205	10	the	the	DET
gujaf-41	205	11	opportunity	opportunity	NOUN
gujaf-41	205	12	to	to	PART
gujaf-41	205	13	free	free	VERB
gujaf-41	205	14	some	some	DET
gujaf-41	205	15	current	current	ADJ
gujaf-41	205	16	asset	asset	NOUN
gujaf-41	205	17	that	that	PRON
gujaf-41	205	18	can	can	AUX
gujaf-41	205	19	be	be	AUX
gujaf-41	205	20	invested	invest	VERB
gujaf-41	205	21	in	in	ADP
gujaf-41	205	22	other	other	ADJ
gujaf-41	205	23	business	business	NOUN
gujaf-41	205	24	ventures	venture	NOUN
gujaf-41	205	25	;	;	PUNCT
gujaf-41	205	26	hence	hence	ADV
gujaf-41	205	27	more	more	ADJ
gujaf-41	205	28	profit	profit	NOUN
gujaf-41	205	29	can	can	AUX
gujaf-41	205	30	be	be	AUX
gujaf-41	205	31	generated	generate	VERB
gujaf-41	205	32	.	.	PUNCT
gujaf-41	206	1	thus	thus	ADV
gujaf-41	206	2	,	,	PUNCT
gujaf-41	206	3	this	this	PRON
gujaf-41	206	4	provides	provide	VERB
gujaf-41	206	5	an	an	DET
gujaf-41	206	6	evidence	evidence	NOUN
gujaf-41	206	7	of	of	ADP
gujaf-41	206	8	rejecting	reject	VERB
gujaf-41	206	9	the	the	DET
gujaf-41	206	10	fourth	fourth	ADJ
gujaf-41	206	11	hypothesis	hypothesis	NOUN
gujaf-41	206	12	of	of	ADP
gujaf-41	206	13	the	the	DET
gujaf-41	206	14	study	study	NOUN
gujaf-41	206	15	at	at	ADP
gujaf-41	206	16	95	95	NUM
gujaf-41	206	17	%	%	NOUN
gujaf-41	206	18	confidence	confidence	NOUN
gujaf-41	206	19	level	level	NOUN
gujaf-41	206	20	.	.	PUNCT
gujaf-41	207	1	thus	thus	ADV
gujaf-41	207	2	,	,	PUNCT
gujaf-41	207	3	for	for	ADP
gujaf-41	207	4	hypothesis	hypothesis	NOUN
gujaf-41	207	5	3	3	NUM
gujaf-41	207	6	,	,	PUNCT
gujaf-41	207	7	ho3	ho3	NOUN
gujaf-41	207	8	is	be	AUX
gujaf-41	207	9	rejected	reject	VERB
gujaf-41	207	10	.	.	PUNCT
gujaf-41	208	1	studies	study	NOUN
gujaf-41	208	2	such	such	ADJ
gujaf-41	208	3	as	as	ADP
gujaf-41	208	4	priya	priya	PROPN
gujaf-41	208	5	and	and	CCONJ
gujaf-41	208	6	nimalathasan	nimalathasan	PROPN
gujaf-41	208	7	(	(	PUNCT
gujaf-41	208	8	2013	2013	NUM
gujaf-41	208	9	)	)	PUNCT
gujaf-41	208	10	,	,	PUNCT
gujaf-41	208	11	and	and	CCONJ
gujaf-41	208	12	mathuva	mathuva	PROPN
gujaf-41	208	13	(	(	PUNCT
gujaf-41	208	14	2010	2010	NUM
gujaf-41	208	15	)	)	PUNCT
gujaf-41	208	16	findings	finding	NOUN
gujaf-41	208	17	supports	support	VERB
gujaf-41	208	18	positive	positive	ADJ
gujaf-41	208	19	influence	influence	NOUN
gujaf-41	208	20	of	of	ADP
gujaf-41	208	21	debt	debt	NOUN
gujaf-41	208	22	settlement	settlement	NOUN
gujaf-41	208	23	period	period	NOUN
gujaf-41	208	24	on	on	ADP
gujaf-41	208	25	profitability	profitability	NOUN
gujaf-41	208	26	while	while	NOUN
gujaf-41	208	27	,	,	PUNCT
gujaf-41	208	28	this	this	DET
gujaf-41	208	29	finding	finding	NOUN
gujaf-41	208	30	contradicts	contradict	VERB
gujaf-41	208	31	the	the	DET
gujaf-41	208	32	findings	finding	NOUN
gujaf-41	208	33	of	of	ADP
gujaf-41	208	34	elmaude	elmaude	NOUN
gujaf-41	208	35	and	and	CCONJ
gujaf-41	208	36	shuaib	shuaib	NOUN
gujaf-41	208	37	(	(	PUNCT
gujaf-41	208	38	2016	2016	NUM
gujaf-41	208	39	)	)	PUNCT
gujaf-41	208	40	,	,	PUNCT
gujaf-41	208	41	hoang	hoang	PROPN
gujaf-41	208	42	(	(	PUNCT
gujaf-41	208	43	2015	2015	NUM
gujaf-41	208	44	)	)	PUNCT
gujaf-41	208	45	,	,	PUNCT
gujaf-41	208	46	karaduman	karaduman	NOUN
gujaf-41	208	47	et	et	PROPN
gujaf-41	208	48	al	al	PROPN
gujaf-41	208	49	.	.	PROPN
gujaf-41	209	1	(	(	PUNCT
gujaf-41	209	2	2011	2011	NUM
gujaf-41	209	3	)	)	PUNCT
gujaf-41	209	4	and	and	CCONJ
gujaf-41	209	5	sharma	sharma	PROPN
gujaf-41	209	6	and	and	CCONJ
gujaf-41	209	7	kumar	kumar	PROPN
gujaf-41	209	8	(	(	PUNCT
gujaf-41	209	9	2011	2011	NUM
gujaf-41	209	10	)	)	PUNCT
gujaf-41	209	11	.	.	PUNCT
gujaf-41	210	1	4.4.4	4.4.4	NUM
gujaf-41	210	2	average	average	ADJ
gujaf-41	210	3	period	period	NOUN
gujaf-41	210	4	of	of	ADP
gujaf-41	210	5	inventory	inventory	NOUN
gujaf-41	210	6	retention	retention	NOUN
gujaf-41	210	7	and	and	CCONJ
gujaf-41	210	8	return	return	VERB
gujaf-41	210	9	on	on	ADP
gujaf-41	210	10	asset	asset	NOUN
gujaf-41	210	11	gusau	gusau	ADJ
gujaf-41	210	12	journal	journal	NOUN
gujaf-41	210	13	of	of	ADP
gujaf-41	210	14	accounting	accounting	NOUN
gujaf-41	210	15	and	and	CCONJ
gujaf-41	210	16	finance	finance	NOUN
gujaf-41	210	17	,	,	PUNCT
gujaf-41	210	18	vol	vol	NOUN
gujaf-41	210	19	.	.	PUNCT
gujaf-41	211	1	i	i	PRON
gujaf-41	211	2	,	,	PUNCT
gujaf-41	211	3	issue	issue	NOUN
gujaf-41	211	4	2	2	NUM
gujaf-41	211	5	,	,	PUNCT
gujaf-41	211	6	october	october	PROPN
gujaf-41	211	7	,	,	PUNCT
gujaf-41	211	8	2020	2020	NUM
gujaf-41	211	9	17	17	NUM
gujaf-41	211	10	also	also	ADV
gujaf-41	211	11	from	from	ADP
gujaf-41	211	12	table	table	NOUN
gujaf-41	211	13	4.4	4.4	NUM
gujaf-41	211	14	,	,	PUNCT
gujaf-41	211	15	the	the	DET
gujaf-41	211	16	regression	regression	NOUN
gujaf-41	211	17	result	result	NOUN
gujaf-41	211	18	revealed	reveal	VERB
gujaf-41	211	19	that	that	SCONJ
gujaf-41	211	20	average	average	ADJ
gujaf-41	211	21	period	period	NOUN
gujaf-41	211	22	of	of	ADP
gujaf-41	211	23	inventory	inventory	NOUN
gujaf-41	211	24	retention	retention	NOUN
gujaf-41	211	25	(	(	PUNCT
gujaf-41	211	26	apir	apir	NOUN
gujaf-41	211	27	has	have	AUX
gujaf-41	211	28	a	a	DET
gujaf-41	211	29	t	t	NOUN
gujaf-41	211	30	value	value	NOUN
gujaf-41	211	31	of	of	ADP
gujaf-41	211	32	0.08	0.08	NUM
gujaf-41	211	33	,	,	PUNCT
gujaf-41	211	34	coefficient	coefficient	NOUN
gujaf-41	211	35	value	value	NOUN
gujaf-41	211	36	of	of	ADP
gujaf-41	211	37	0.000059	0.000059	NUM
gujaf-41	211	38	and	and	CCONJ
gujaf-41	211	39	is	be	AUX
gujaf-41	211	40	not	not	PART
gujaf-41	211	41	significant	significant	ADJ
gujaf-41	211	42	at	at	ADP
gujaf-41	211	43	all	all	DET
gujaf-41	211	44	level	level	NOUN
gujaf-41	211	45	of	of	ADP
gujaf-41	211	46	significance	significance	NOUN
gujaf-41	211	47	(	(	PUNCT
gujaf-41	211	48	p	p	NOUN
gujaf-41	211	49	-	-	PUNCT
gujaf-41	211	50	value	value	NOUN
gujaf-41	211	51	of	of	ADP
gujaf-41	211	52	0.939	0.939	NUM
gujaf-41	211	53	)	)	PUNCT
gujaf-41	211	54	.	.	PUNCT
gujaf-41	212	1	this	this	PRON
gujaf-41	212	2	signifies	signify	VERB
gujaf-41	212	3	that	that	SCONJ
gujaf-41	212	4	average	average	ADJ
gujaf-41	212	5	period	period	NOUN
gujaf-41	212	6	of	of	ADP
gujaf-41	212	7	inventory	inventory	NOUN
gujaf-41	212	8	retention	retention	NOUN
gujaf-41	212	9	has	have	VERB
gujaf-41	212	10	a	a	DET
gujaf-41	212	11	non	non	ADJ
gujaf-41	212	12	statistical	statistical	ADJ
gujaf-41	212	13	positive	positive	ADJ
gujaf-41	212	14	impact	impact	NOUN
gujaf-41	212	15	on	on	ADP
gujaf-41	212	16	return	return	NOUN
gujaf-41	212	17	on	on	ADP
gujaf-41	212	18	asset	asset	NOUN
gujaf-41	212	19	of	of	ADP
gujaf-41	212	20	listed	list	VERB
gujaf-41	212	21	oil	oil	NOUN
gujaf-41	212	22	and	and	CCONJ
gujaf-41	212	23	gas	gas	NOUN
gujaf-41	212	24	firms	firm	NOUN
gujaf-41	212	25	in	in	ADP
gujaf-41	212	26	nigeria	nigeria	PROPN
gujaf-41	212	27	.	.	PUNCT
gujaf-41	213	1	this	this	PRON
gujaf-41	213	2	implies	imply	VERB
gujaf-41	213	3	that	that	SCONJ
gujaf-41	213	4	for	for	ADP
gujaf-41	213	5	every	every	DET
gujaf-41	213	6	one	one	NUM
gujaf-41	213	7	-	-	PUNCT
gujaf-41	213	8	day	day	NOUN
gujaf-41	213	9	decrease	decrease	NOUN
gujaf-41	213	10	in	in	ADP
gujaf-41	213	11	average	average	ADJ
gujaf-41	213	12	period	period	NOUN
gujaf-41	213	13	of	of	ADP
gujaf-41	213	14	inventory	inventory	NOUN
gujaf-41	213	15	retention	retention	NOUN
gujaf-41	213	16	,	,	PUNCT
gujaf-41	213	17	the	the	DET
gujaf-41	213	18	return	return	NOUN
gujaf-41	213	19	on	on	ADP
gujaf-41	213	20	asset	asset	NOUN
gujaf-41	213	21	of	of	ADP
gujaf-41	213	22	the	the	DET
gujaf-41	213	23	sampled	sample	VERB
gujaf-41	213	24	firms	firm	NOUN
gujaf-41	213	25	will	will	AUX
gujaf-41	213	26	not	not	PART
gujaf-41	213	27	increase	increase	VERB
gujaf-41	213	28	by	by	ADP
gujaf-41	213	29	.0059	.0059	PROPN
gujaf-41	213	30	%	%	NOUN
gujaf-41	213	31	.	.	PUNCT
gujaf-41	214	1	the	the	DET
gujaf-41	214	2	implication	implication	NOUN
gujaf-41	214	3	of	of	ADP
gujaf-41	214	4	this	this	DET
gujaf-41	214	5	result	result	NOUN
gujaf-41	214	6	is	be	AUX
gujaf-41	214	7	that	that	PRON
gujaf-41	214	8	average	average	ADJ
gujaf-41	214	9	period	period	NOUN
gujaf-41	214	10	of	of	ADP
gujaf-41	214	11	inventory	inventory	NOUN
gujaf-41	214	12	retention	retention	NOUN
gujaf-41	214	13	should	should	AUX
gujaf-41	214	14	be	be	AUX
gujaf-41	214	15	kept	keep	VERB
gujaf-41	214	16	short	short	ADJ
gujaf-41	214	17	for	for	ADP
gujaf-41	214	18	profitability	profitability	NOUN
gujaf-41	214	19	to	to	PART
gujaf-41	214	20	increase	increase	VERB
gujaf-41	214	21	because	because	SCONJ
gujaf-41	214	22	heavy	heavy	ADJ
gujaf-41	214	23	stockpiling	stockpiling	NOUN
gujaf-41	214	24	of	of	ADP
gujaf-41	214	25	goods	good	NOUN
gujaf-41	214	26	will	will	AUX
gujaf-41	214	27	tied	tie	VERB
gujaf-41	214	28	up	up	ADP
gujaf-41	214	29	money	money	NOUN
gujaf-41	214	30	in	in	ADP
gujaf-41	214	31	inventory	inventory	NOUN
gujaf-41	214	32	,	,	PUNCT
gujaf-41	214	33	increase	increase	VERB
gujaf-41	214	34	spoilage	spoilage	NOUN
gujaf-41	214	35	of	of	ADP
gujaf-41	214	36	goods	good	NOUN
gujaf-41	214	37	,	,	PUNCT
gujaf-41	214	38	goods	good	NOUN
gujaf-41	214	39	obsolesce	obsolesce	NOUN
gujaf-41	214	40	will	will	AUX
gujaf-41	214	41	be	be	AUX
gujaf-41	214	42	on	on	ADP
gujaf-41	214	43	the	the	DET
gujaf-41	214	44	rise	rise	NOUN
gujaf-41	214	45	,	,	PUNCT
gujaf-41	214	46	theft	theft	NOUN
gujaf-41	214	47	or	or	CCONJ
gujaf-41	214	48	pilferage	pilferage	NOUN
gujaf-41	214	49	by	by	ADP
gujaf-41	214	50	the	the	DET
gujaf-41	214	51	employees	employee	NOUN
gujaf-41	214	52	and	and	CCONJ
gujaf-41	214	53	increase	increase	VERB
gujaf-41	214	54	cost	cost	NOUN
gujaf-41	214	55	of	of	ADP
gujaf-41	214	56	storage	storage	NOUN
gujaf-41	214	57	will	will	AUX
gujaf-41	214	58	all	all	ADV
gujaf-41	214	59	otherwise	otherwise	ADV
gujaf-41	214	60	have	have	VERB
gujaf-41	214	61	negative	negative	ADJ
gujaf-41	214	62	impact	impact	NOUN
gujaf-41	214	63	on	on	ADP
gujaf-41	214	64	profitability	profitability	NOUN
gujaf-41	214	65	.	.	PUNCT
gujaf-41	215	1	based	base	VERB
gujaf-41	215	2	on	on	ADP
gujaf-41	215	3	this	this	PRON
gujaf-41	215	4	,	,	PUNCT
gujaf-41	215	5	the	the	DET
gujaf-41	215	6	study	study	NOUN
gujaf-41	215	7	fails	fail	VERB
gujaf-41	215	8	to	to	PART
gujaf-41	215	9	rejects	reject	VERB
gujaf-41	215	10	the	the	DET
gujaf-41	215	11	null	null	ADJ
gujaf-41	215	12	hypothesis	hypothesis	NOUN
gujaf-41	215	13	4	4	NUM
gujaf-41	215	14	(	(	PUNCT
gujaf-41	215	15	h04	h04	NOUN
gujaf-41	215	16	)	)	PUNCT
gujaf-41	215	17	which	which	PRON
gujaf-41	215	18	states	state	VERB
gujaf-41	215	19	that	that	SCONJ
gujaf-41	215	20	average	average	ADJ
gujaf-41	215	21	period	period	NOUN
gujaf-41	215	22	of	of	ADP
gujaf-41	215	23	inventory	inventory	NOUN
gujaf-41	215	24	retention	retention	NOUN
gujaf-41	215	25	has	have	VERB
gujaf-41	215	26	no	no	DET
gujaf-41	215	27	significant	significant	ADJ
gujaf-41	215	28	impact	impact	NOUN
gujaf-41	215	29	on	on	ADP
gujaf-41	215	30	the	the	DET
gujaf-41	215	31	return	return	NOUN
gujaf-41	215	32	on	on	ADP
gujaf-41	215	33	asset	asset	NOUN
gujaf-41	215	34	of	of	ADP
gujaf-41	215	35	listed	list	VERB
gujaf-41	215	36	oil	oil	NOUN
gujaf-41	215	37	and	and	CCONJ
gujaf-41	215	38	gas	gas	NOUN
gujaf-41	215	39	firms	firm	NOUN
gujaf-41	215	40	in	in	ADP
gujaf-41	215	41	nigeria	nigeria	PROPN
gujaf-41	215	42	.	.	PUNCT
gujaf-41	216	1	the	the	DET
gujaf-41	216	2	result	result	NOUN
gujaf-41	216	3	supports	support	VERB
gujaf-41	216	4	the	the	DET
gujaf-41	216	5	finding	finding	NOUN
gujaf-41	216	6	of	of	ADP
gujaf-41	216	7	priya	priya	PROPN
gujaf-41	216	8	and	and	CCONJ
gujaf-41	216	9	nimalathasan	nimalathasan	PROPN
gujaf-41	216	10	(	(	PUNCT
gujaf-41	216	11	2013	2013	NUM
gujaf-41	216	12	)	)	PUNCT
gujaf-41	216	13	,	,	PUNCT
gujaf-41	216	14	qasim	qasim	PROPN
gujaf-41	216	15	and	and	CCONJ
gujaf-41	216	16	ramiz	ramiz	ADJ
gujaf-41	216	17	(	(	PUNCT
gujaf-41	216	18	2011	2011	NUM
gujaf-41	216	19	)	)	PUNCT
gujaf-41	216	20	and	and	CCONJ
gujaf-41	216	21	mathuva	mathuva	PROPN
gujaf-41	216	22	(	(	PUNCT
gujaf-41	216	23	2010	2010	NUM
gujaf-41	216	24	)	)	PUNCT
gujaf-41	216	25	.	.	PUNCT
gujaf-41	217	1	however	however	ADV
gujaf-41	217	2	,	,	PUNCT
gujaf-41	217	3	it	it	PRON
gujaf-41	217	4	is	be	AUX
gujaf-41	217	5	contrary	contrary	ADJ
gujaf-41	217	6	to	to	ADP
gujaf-41	217	7	the	the	DET
gujaf-41	217	8	findings	finding	NOUN
gujaf-41	217	9	of	of	ADP
gujaf-41	217	10	soheila	soheila	PROPN
gujaf-41	217	11	andtorgheh	andtorgheh	PROPN
gujaf-41	217	12	(	(	PUNCT
gujaf-41	217	13	2008	2008	NUM
gujaf-41	217	14	)	)	PUNCT
gujaf-41	217	15	and	and	CCONJ
gujaf-41	217	16	hoang	hoang	PROPN
gujaf-41	217	17	(	(	PUNCT
gujaf-41	217	18	2015	2015	NUM
gujaf-41	217	19	)	)	PUNCT
gujaf-41	217	20	.	.	PUNCT
gujaf-41	218	1	4.4.5	4.4.5	NUM
gujaf-41	218	2	firm	firm	ADJ
gujaf-41	218	3	size	size	NOUN
gujaf-41	218	4	and	and	CCONJ
gujaf-41	218	5	return	return	NOUN
gujaf-41	218	6	on	on	ADP
gujaf-41	218	7	assets	asset	NOUN
gujaf-41	218	8	lastly	lastly	ADV
gujaf-41	218	9	,	,	PUNCT
gujaf-41	218	10	the	the	DET
gujaf-41	218	11	firm	firm	ADJ
gujaf-41	218	12	size	size	NOUN
gujaf-41	218	13	(	(	PUNCT
gujaf-41	218	14	fs	fs	INTJ
gujaf-41	218	15	)	)	PUNCT
gujaf-41	218	16	introduced	introduce	VERB
gujaf-41	218	17	as	as	ADP
gujaf-41	218	18	a	a	DET
gujaf-41	218	19	control	control	NOUN
gujaf-41	218	20	variable	variable	NOUN
gujaf-41	218	21	show	show	VERB
gujaf-41	218	22	that	that	SCONJ
gujaf-41	218	23	it	it	PRON
gujaf-41	218	24	has	have	VERB
gujaf-41	218	25	an	an	DET
gujaf-41	218	26	insignificant	insignificant	ADJ
gujaf-41	218	27	negative	negative	ADJ
gujaf-41	218	28	impact	impact	NOUN
gujaf-41	218	29	on	on	ADP
gujaf-41	218	30	return	return	NOUN
gujaf-41	218	31	on	on	ADP
gujaf-41	218	32	asset	asset	NOUN
gujaf-41	218	33	at	at	ADP
gujaf-41	218	34	no	no	DET
gujaf-41	218	35	level	level	NOUN
gujaf-41	218	36	of	of	ADP
gujaf-41	218	37	significance	significance	NOUN
gujaf-41	218	38	.	.	PUNCT
gujaf-41	219	1	this	this	PRON
gujaf-41	219	2	can	can	AUX
gujaf-41	219	3	be	be	AUX
gujaf-41	219	4	observed	observe	VERB
gujaf-41	219	5	from	from	ADP
gujaf-41	219	6	the	the	DET
gujaf-41	219	7	beta	beta	ADJ
gujaf-41	219	8	coefficient	coefficient	NOUN
gujaf-41	219	9	value	value	NOUN
gujaf-41	219	10	of	of	ADP
gujaf-41	219	11	-0.0005879	-0.0005879	NOUN
gujaf-41	219	12	a	a	DET
gujaf-41	219	13	t	t	NOUN
gujaf-41	219	14	-	-	PUNCT
gujaf-41	219	15	value	value	NOUN
gujaf-41	219	16	of	of	ADP
gujaf-41	219	17	-1.57	-1.57	ADJ
gujaf-41	219	18	with	with	ADP
gujaf-41	219	19	a	a	DET
gujaf-41	219	20	p	p	NOUN
gujaf-41	219	21	-	-	PUNCT
gujaf-41	219	22	value	value	NOUN
gujaf-41	219	23	of	of	ADP
gujaf-41	219	24	0.120	0.120	NUM
gujaf-41	219	25	.	.	PUNCT
gujaf-41	220	1	this	this	PRON
gujaf-41	220	2	indicates	indicate	VERB
gujaf-41	220	3	an	an	DET
gujaf-41	220	4	inverse	inverse	NOUN
gujaf-41	220	5	relationship	relationship	NOUN
gujaf-41	220	6	exist	exist	VERB
gujaf-41	220	7	between	between	ADP
gujaf-41	220	8	firm	firm	ADJ
gujaf-41	220	9	size	size	NOUN
gujaf-41	220	10	and	and	CCONJ
gujaf-41	220	11	profitability	profitability	NOUN
gujaf-41	220	12	but	but	CCONJ
gujaf-41	220	13	not	not	PART
gujaf-41	220	14	statistically	statistically	ADV
gujaf-41	220	15	significant	significant	ADJ
gujaf-41	220	16	;	;	PUNCT
gujaf-41	220	17	that	that	PRON
gujaf-41	220	18	is	be	AUX
gujaf-41	220	19	the	the	DET
gujaf-41	220	20	large	large	ADJ
gujaf-41	220	21	firm	firm	ADJ
gujaf-41	220	22	size	size	NOUN
gujaf-41	220	23	might	might	AUX
gujaf-41	220	24	not	not	PART
gujaf-41	220	25	be	be	AUX
gujaf-41	220	26	affected	affect	VERB
gujaf-41	220	27	the	the	DET
gujaf-41	220	28	profitability	profitability	NOUN
gujaf-41	220	29	of	of	ADP
gujaf-41	220	30	the	the	DET
gujaf-41	220	31	sampled	sample	VERB
gujaf-41	220	32	firms	firm	NOUN
gujaf-41	220	33	in	in	ADP
gujaf-41	220	34	nigeria	nigeria	PROPN
gujaf-41	220	35	and	and	CCONJ
gujaf-41	220	36	vice	vice	PROPN
gujaf-41	220	37	versa	versa	ADV
gujaf-41	220	38	which	which	PRON
gujaf-41	220	39	implies	imply	VERB
gujaf-41	220	40	that	that	SCONJ
gujaf-41	220	41	every	every	DET
gujaf-41	220	42	one	one	NUM
gujaf-41	220	43	percent	percent	NOUN
gujaf-41	220	44	(	(	PUNCT
gujaf-41	220	45	1	1	NUM
gujaf-41	220	46	%	%	NOUN
gujaf-41	220	47	)	)	PUNCT
gujaf-41	220	48	increase	increase	NOUN
gujaf-41	220	49	in	in	ADP
gujaf-41	220	50	the	the	DET
gujaf-41	220	51	firm	firm	ADJ
gujaf-41	220	52	size	size	NOUN
gujaf-41	220	53	it	it	PRON
gujaf-41	220	54	will	will	AUX
gujaf-41	220	55	negatively	negatively	ADV
gujaf-41	220	56	impacted	impact	VERB
gujaf-41	220	57	on	on	ADP
gujaf-41	220	58	the	the	DET
gujaf-41	220	59	profitability	profitability	NOUN
gujaf-41	220	60	of	of	ADP
gujaf-41	220	61	listed	list	VERB
gujaf-41	220	62	oil	oil	NOUN
gujaf-41	220	63	and	and	CCONJ
gujaf-41	220	64	gas	gas	NOUN
gujaf-41	220	65	firms	firm	NOUN
gujaf-41	220	66	in	in	ADP
gujaf-41	220	67	nigeria	nigeria	PROPN
gujaf-41	220	68	,	,	PUNCT
gujaf-41	220	69	but	but	CCONJ
gujaf-41	220	70	it	it	PRON
gujaf-41	220	71	is	be	AUX
gujaf-41	220	72	not	not	PART
gujaf-41	220	73	statistically	statistically	ADV
gujaf-41	220	74	significant	significant	ADJ
gujaf-41	220	75	at	at	ADP
gujaf-41	220	76	all	all	DET
gujaf-41	220	77	levels	level	NOUN
gujaf-41	220	78	.	.	PUNCT
gujaf-41	221	1	5	5	X
gujaf-41	221	2	.	.	X
gujaf-41	221	3	conclusion	conclusion	NOUN
gujaf-41	221	4	and	and	CCONJ
gujaf-41	221	5	recommendations	recommendation	NOUN
gujaf-41	221	6	in	in	ADP
gujaf-41	221	7	line	line	NOUN
gujaf-41	221	8	with	with	ADP
gujaf-41	221	9	the	the	DET
gujaf-41	221	10	tests	test	NOUN
gujaf-41	221	11	conducted	conduct	VERB
gujaf-41	221	12	on	on	ADP
gujaf-41	221	13	the	the	DET
gujaf-41	221	14	data	datum	NOUN
gujaf-41	221	15	collected	collect	VERB
gujaf-41	221	16	and	and	CCONJ
gujaf-41	221	17	the	the	DET
gujaf-41	221	18	findings	finding	NOUN
gujaf-41	221	19	of	of	ADP
gujaf-41	221	20	this	this	DET
gujaf-41	221	21	research	research	NOUN
gujaf-41	221	22	,	,	PUNCT
gujaf-41	221	23	the	the	DET
gujaf-41	221	24	study	study	NOUN
gujaf-41	221	25	concludes	conclude	VERB
gujaf-41	221	26	that	that	SCONJ
gujaf-41	221	27	:	:	PUNCT
gujaf-41	221	28	cash	cash	NOUN
gujaf-41	221	29	conversion	conversion	NOUN
gujaf-41	221	30	circles	circle	NOUN
gujaf-41	221	31	(	(	PUNCT
gujaf-41	221	32	ccc	ccc	PROPN
gujaf-41	221	33	)	)	PUNCT
gujaf-41	221	34	and	and	CCONJ
gujaf-41	221	35	average	average	ADJ
gujaf-41	221	36	period	period	NOUN
gujaf-41	221	37	of	of	ADP
gujaf-41	221	38	debt	debt	NOUN
gujaf-41	221	39	settlement	settlement	NOUN
gujaf-41	221	40	(	(	PUNCT
gujaf-41	221	41	apdr	apdr	NOUN
gujaf-41	221	42	)	)	PUNCT
gujaf-41	221	43	has	have	VERB
gujaf-41	221	44	significant	significant	ADJ
gujaf-41	221	45	negative	negative	ADJ
gujaf-41	221	46	impact	impact	NOUN
gujaf-41	221	47	on	on	ADP
gujaf-41	221	48	the	the	DET
gujaf-41	221	49	profitability	profitability	NOUN
gujaf-41	221	50	of	of	ADP
gujaf-41	221	51	listed	list	VERB
gujaf-41	221	52	oil	oil	NOUN
gujaf-41	221	53	and	and	CCONJ
gujaf-41	221	54	gas	gas	NOUN
gujaf-41	221	55	firms	firm	NOUN
gujaf-41	221	56	in	in	ADP
gujaf-41	221	57	nigeria	nigeria	PROPN
gujaf-41	221	58	.	.	PUNCT
gujaf-41	222	1	while	while	SCONJ
gujaf-41	222	2	average	average	ADJ
gujaf-41	222	3	collection	collection	NOUN
gujaf-41	222	4	period	period	NOUN
gujaf-41	222	5	(	(	PUNCT
gujaf-41	222	6	acp	acp	PROPN
gujaf-41	222	7	)	)	PUNCT
gujaf-41	222	8	has	have	VERB
gujaf-41	222	9	a	a	DET
gujaf-41	222	10	significant	significant	ADJ
gujaf-41	222	11	positive	positive	ADJ
gujaf-41	222	12	impact	impact	NOUN
gujaf-41	222	13	on	on	ADP
gujaf-41	222	14	return	return	NOUN
gujaf-41	222	15	on	on	ADP
gujaf-41	222	16	asset	asset	NOUN
gujaf-41	222	17	of	of	ADP
gujaf-41	222	18	listed	list	VERB
gujaf-41	222	19	oil	oil	NOUN
gujaf-41	222	20	and	and	CCONJ
gujaf-41	222	21	gusau	gusau	ADJ
gujaf-41	222	22	journal	journal	NOUN
gujaf-41	222	23	of	of	ADP
gujaf-41	222	24	accounting	accounting	NOUN
gujaf-41	222	25	and	and	CCONJ
gujaf-41	222	26	finance	finance	NOUN
gujaf-41	222	27	,	,	PUNCT
gujaf-41	222	28	vol	vol	NOUN
gujaf-41	222	29	.	.	PUNCT
gujaf-41	223	1	i	i	PRON
gujaf-41	223	2	,	,	PUNCT
gujaf-41	223	3	issue	issue	NOUN
gujaf-41	223	4	2	2	NUM
gujaf-41	223	5	,	,	PUNCT
gujaf-41	223	6	october	october	PROPN
gujaf-41	223	7	,	,	PUNCT
gujaf-41	223	8	2020	2020	NUM
gujaf-41	223	9	18	18	NUM
gujaf-41	223	10	gas	gas	NOUN
gujaf-41	223	11	firms	firm	NOUN
gujaf-41	223	12	in	in	ADP
gujaf-41	223	13	nigeria	nigeria	PROPN
gujaf-41	223	14	.	.	PUNCT
gujaf-41	224	1	but	but	CCONJ
gujaf-41	224	2	average	average	ADJ
gujaf-41	224	3	period	period	NOUN
gujaf-41	224	4	of	of	ADP
gujaf-41	224	5	inventory	inventory	NOUN
gujaf-41	224	6	retention	retention	NOUN
gujaf-41	224	7	(	(	PUNCT
gujaf-41	224	8	apir	apir	NOUN
gujaf-41	224	9	)	)	PUNCT
gujaf-41	224	10	has	have	VERB
gujaf-41	224	11	no	no	DET
gujaf-41	224	12	statistical	statistical	ADJ
gujaf-41	224	13	significant	significant	ADJ
gujaf-41	224	14	positive	positive	ADJ
gujaf-41	224	15	impact	impact	NOUN
gujaf-41	224	16	on	on	ADP
gujaf-41	224	17	the	the	DET
gujaf-41	224	18	return	return	NOUN
gujaf-41	224	19	on	on	ADP
gujaf-41	224	20	asset	asset	NOUN
gujaf-41	224	21	of	of	ADP
gujaf-41	224	22	listed	list	VERB
gujaf-41	224	23	oil	oil	NOUN
gujaf-41	224	24	and	and	CCONJ
gujaf-41	224	25	gas	gas	NOUN
gujaf-41	224	26	firms	firm	NOUN
gujaf-41	224	27	in	in	ADP
gujaf-41	224	28	nigeria	nigeria	PROPN
gujaf-41	224	29	.	.	PUNCT
gujaf-41	225	1	following	follow	VERB
gujaf-41	225	2	the	the	DET
gujaf-41	225	3	findings	finding	NOUN
gujaf-41	225	4	and	and	CCONJ
gujaf-41	225	5	conclusions	conclusion	NOUN
gujaf-41	225	6	from	from	ADP
gujaf-41	225	7	this	this	DET
gujaf-41	225	8	study	study	NOUN
gujaf-41	225	9	,	,	PUNCT
gujaf-41	225	10	the	the	DET
gujaf-41	225	11	study	study	NOUN
gujaf-41	225	12	makes	make	VERB
gujaf-41	225	13	the	the	DET
gujaf-41	225	14	following	follow	VERB
gujaf-41	225	15	recommendations	recommendation	NOUN
gujaf-41	225	16	:	:	PUNCT
gujaf-41	225	17	i.	i.	NOUN
gujaf-41	225	18	managers	manager	NOUN
gujaf-41	225	19	of	of	ADP
gujaf-41	225	20	listed	list	VERB
gujaf-41	225	21	oil	oil	NOUN
gujaf-41	225	22	and	and	CCONJ
gujaf-41	225	23	gas	gas	NOUN
gujaf-41	225	24	firms	firm	NOUN
gujaf-41	225	25	in	in	ADP
gujaf-41	225	26	nigeria	nigeria	PROPN
gujaf-41	225	27	can	can	AUX
gujaf-41	225	28	improve	improve	VERB
gujaf-41	225	29	their	their	PRON
gujaf-41	225	30	firms	firm	NOUN
gujaf-41	225	31	’	’	PART
gujaf-41	225	32	profitability	profitability	NOUN
gujaf-41	225	33	ultimately	ultimately	ADV
gujaf-41	225	34	and	and	CCONJ
gujaf-41	225	35	creating	create	VERB
gujaf-41	225	36	more	more	ADJ
gujaf-41	225	37	value	value	NOUN
gujaf-41	225	38	for	for	ADP
gujaf-41	225	39	its	its	PRON
gujaf-41	225	40	shareholders	shareholder	NOUN
gujaf-41	225	41	if	if	SCONJ
gujaf-41	225	42	they	they	PRON
gujaf-41	225	43	focus	focus	VERB
gujaf-41	225	44	on	on	ADP
gujaf-41	225	45	shortening	shorten	VERB
gujaf-41	225	46	cash	cash	NOUN
gujaf-41	225	47	conversion	conversion	NOUN
gujaf-41	225	48	circle	circle	NOUN
gujaf-41	225	49	.	.	PUNCT
gujaf-41	226	1	this	this	PRON
gujaf-41	226	2	is	be	AUX
gujaf-41	226	3	because	because	SCONJ
gujaf-41	226	4	of	of	ADP
gujaf-41	226	5	the	the	DET
gujaf-41	226	6	negative	negative	ADJ
gujaf-41	226	7	influence	influence	NOUN
gujaf-41	226	8	of	of	ADP
gujaf-41	226	9	cash	cash	NOUN
gujaf-41	226	10	conversion	conversion	NOUN
gujaf-41	226	11	cycle	cycle	NOUN
gujaf-41	226	12	on	on	ADP
gujaf-41	226	13	profitability	profitability	NOUN
gujaf-41	226	14	.	.	PUNCT
gujaf-41	227	1	they	they	PRON
gujaf-41	227	2	should	should	AUX
gujaf-41	227	3	consider	consider	VERB
gujaf-41	227	4	increasing	increase	VERB
gujaf-41	227	5	those	those	DET
gujaf-41	227	6	businesses	business	NOUN
gujaf-41	227	7	within	within	ADP
gujaf-41	227	8	the	the	DET
gujaf-41	227	9	firm	firm	NOUN
gujaf-41	227	10	that	that	PRON
gujaf-41	227	11	will	will	AUX
gujaf-41	227	12	maximizes	maximize	VERB
gujaf-41	227	13	profit	profit	NOUN
gujaf-41	227	14	if	if	SCONJ
gujaf-41	227	15	their	their	PRON
gujaf-41	227	16	cash	cash	NOUN
gujaf-41	227	17	conversion	conversion	NOUN
gujaf-41	227	18	cycle	cycle	NOUN
gujaf-41	227	19	is	be	AUX
gujaf-41	227	20	reduced	reduce	VERB
gujaf-41	227	21	.	.	PUNCT
gujaf-41	228	1	ii	ii	X
gujaf-41	228	2	.	.	PUNCT
gujaf-41	229	1	managers	manager	NOUN
gujaf-41	229	2	should	should	AUX
gujaf-41	229	3	encourage	encourage	VERB
gujaf-41	229	4	larger	large	ADJ
gujaf-41	229	5	sales	sale	NOUN
gujaf-41	229	6	turnover	turnover	NOUN
gujaf-41	229	7	and	and	CCONJ
gujaf-41	229	8	volume	volume	NOUN
gujaf-41	229	9	by	by	ADP
gujaf-41	229	10	allowing	allow	VERB
gujaf-41	229	11	their	their	PRON
gujaf-41	229	12	customers	customer	NOUN
gujaf-41	229	13	’	'	PUNCT
gujaf-41	229	14	shorter	short	ADJ
gujaf-41	229	15	periods	period	NOUN
gujaf-41	229	16	of	of	ADP
gujaf-41	229	17	account	account	NOUN
gujaf-41	229	18	collections	collection	NOUN
gujaf-41	229	19	through	through	ADP
gujaf-41	229	20	granting	grant	VERB
gujaf-41	229	21	of	of	ADP
gujaf-41	229	22	prompt	prompt	ADJ
gujaf-41	229	23	sales	sale	NOUN
gujaf-41	229	24	cash	cash	NOUN
gujaf-41	229	25	discounts	discount	NOUN
gujaf-41	229	26	.	.	PUNCT
gujaf-41	230	1	this	this	PRON
gujaf-41	230	2	is	be	AUX
gujaf-41	230	3	because	because	SCONJ
gujaf-41	230	4	the	the	PRON
gujaf-41	230	5	shorter	short	ADJ
gujaf-41	230	6	the	the	DET
gujaf-41	230	7	collection	collection	NOUN
gujaf-41	230	8	period	period	NOUN
gujaf-41	230	9	the	the	PRON
gujaf-41	230	10	higher	high	ADJ
gujaf-41	230	11	the	the	DET
gujaf-41	230	12	profitability	profitability	NOUN
gujaf-41	230	13	of	of	ADP
gujaf-41	230	14	the	the	DET
gujaf-41	230	15	listed	list	VERB
gujaf-41	230	16	oil	oil	NOUN
gujaf-41	230	17	and	and	CCONJ
gujaf-41	230	18	gas	gas	NOUN
gujaf-41	230	19	firms	firm	NOUN
gujaf-41	230	20	in	in	ADP
gujaf-41	230	21	nigeria	nigeria	PROPN
gujaf-41	230	22	.	.	PUNCT
gujaf-41	231	1	iii	iii	X
gujaf-41	231	2	.	.	PUNCT
gujaf-41	232	1	lastly	lastly	ADV
gujaf-41	232	2	,	,	PUNCT
gujaf-41	232	3	based	base	VERB
gujaf-41	232	4	on	on	ADP
gujaf-41	232	5	the	the	DET
gujaf-41	232	6	finding	finding	NOUN
gujaf-41	232	7	from	from	ADP
gujaf-41	232	8	the	the	DET
gujaf-41	232	9	regression	regression	NOUN
gujaf-41	232	10	result	result	NOUN
gujaf-41	232	11	,	,	PUNCT
gujaf-41	232	12	managers	manager	NOUN
gujaf-41	232	13	of	of	ADP
gujaf-41	232	14	listed	list	VERB
gujaf-41	232	15	oil	oil	NOUN
gujaf-41	232	16	and	and	CCONJ
gujaf-41	232	17	gas	gas	NOUN
gujaf-41	232	18	firms	firm	NOUN
gujaf-41	232	19	in	in	ADP
gujaf-41	232	20	nigeria	nigeria	PROPN
gujaf-41	232	21	are	be	AUX
gujaf-41	232	22	encouraged	encourage	VERB
gujaf-41	232	23	to	to	PART
gujaf-41	232	24	maintain	maintain	VERB
gujaf-41	232	25	short	short	ADJ
gujaf-41	232	26	account	account	NOUN
gujaf-41	232	27	collection	collection	NOUN
gujaf-41	232	28	periods	period	NOUN
gujaf-41	232	29	to	to	ADP
gujaf-41	232	30	a	a	DET
gujaf-41	232	31	reasonable	reasonable	ADJ
gujaf-41	232	32	level	level	NOUN
gujaf-41	232	33	through	through	ADP
gujaf-41	232	34	prompt	prompt	ADJ
gujaf-41	232	35	payments	payment	NOUN
gujaf-41	232	36	by	by	ADP
gujaf-41	232	37	debtors	debtor	NOUN
gujaf-41	232	38	since	since	SCONJ
gujaf-41	232	39	making	make	VERB
gujaf-41	232	40	prompt	prompt	ADJ
gujaf-41	232	41	payments	payment	NOUN
gujaf-41	232	42	by	by	ADP
gujaf-41	232	43	debtors	debtor	NOUN
gujaf-41	232	44	will	will	AUX
gujaf-41	232	45	lead	lead	VERB
gujaf-41	232	46	to	to	ADP
gujaf-41	232	47	increased	increase	VERB
gujaf-41	232	48	profitability	profitability	NOUN
gujaf-41	232	49	.	.	PUNCT
gujaf-41	233	1	references	reference	NOUN
gujaf-41	233	2	adeleke	adeleke	VERB
gujaf-41	233	3	,	,	PUNCT
gujaf-41	233	4	o.	o.	PROPN
gujaf-41	233	5	&	&	CCONJ
gujaf-41	233	6	mukolu	mukolu	PROPN
gujaf-41	233	7	,	,	PUNCT
gujaf-41	233	8	m.o	m.o	PROPN
gujaf-41	233	9	,	,	PUNCT
gujaf-41	233	10	(	(	PUNCT
gujaf-41	233	11	2013	2013	NUM
gujaf-41	233	12	)	)	PUNCT
gujaf-41	233	13	.	.	PUNCT
gujaf-41	234	1	working	work	VERB
gujaf-41	234	2	capital	capital	NOUN
gujaf-41	234	3	and	and	CCONJ
gujaf-41	234	4	organization	organization	NOUN
gujaf-41	234	5	performance	performance	NOUN
gujaf-41	234	6	in	in	ADP
gujaf-41	234	7	nigeria	nigeria	PROPN
gujaf-41	234	8	,	,	PUNCT
gujaf-41	234	9	international	international	ADJ
gujaf-41	234	10	journal	journal	NOUN
gujaf-41	234	11	of	of	ADP
gujaf-41	234	12	business	business	NOUN
gujaf-41	234	13	and	and	CCONJ
gujaf-41	234	14	management	management	NOUN
gujaf-41	234	15	invention	invention	NOUN
gujaf-41	234	16	2	2	NUM
gujaf-41	234	17	(	(	PUNCT
gujaf-41	234	18	6	6	NUM
gujaf-41	234	19	)	)	PUNCT
gujaf-41	234	20	,	,	PUNCT
gujaf-41	234	21	26	26	NUM
gujaf-41	234	22	-	-	SYM
gujaf-41	234	23	35	35	NUM
gujaf-41	234	24	el	el	PROPN
gujaf-41	234	25	-	-	PROPN
gujaf-41	234	26	maude	maude	PROPN
gujaf-41	234	27	,	,	PUNCT
gujaf-41	234	28	j.	j.	PROPN
gujaf-41	234	29	g.	g.	PROPN
gujaf-41	234	30	,	,	PUNCT
gujaf-41	234	31	and	and	CCONJ
gujaf-41	234	32	shuaib	shuaib	PROPN
gujaf-41	234	33	,	,	PUNCT
gujaf-41	234	34	a.	a.	NOUN
gujaf-41	234	35	(	(	PUNCT
gujaf-41	234	36	2015).empirical	2015).empirical	NUM
gujaf-41	234	37	examination	examination	NOUN
gujaf-41	234	38	of	of	ADP
gujaf-41	234	39	the	the	DET
gujaf-41	234	40	association	association	NOUN
gujaf-41	234	41	0f	0f	PROPN
gujaf-41	234	42	working	working	NOUN
gujaf-41	234	43	capital	capital	NOUN
gujaf-41	234	44	management	management	NOUN
gujaf-41	234	45	and	and	CCONJ
gujaf-41	234	46	firms	firm	NOUN
gujaf-41	234	47	’	’	PART
gujaf-41	234	48	profitability	profitability	NOUN
gujaf-41	234	49	of	of	ADP
gujaf-41	234	50	the	the	DET
gujaf-41	234	51	listed	list	VERB
gujaf-41	234	52	food	food	NOUN
gujaf-41	234	53	and	and	CCONJ
gujaf-41	234	54	beverages	beverage	NOUN
gujaf-41	234	55	firms	firm	NOUN
gujaf-41	234	56	in	in	ADP
gujaf-41	234	57	nigeria.researchers	nigeria.researcher	NOUN
gujaf-41	234	58	world	world	NOUN
gujaf-41	234	59	journal	journal	NOUN
gujaf-41	234	60	of	of	ADP
gujaf-41	234	61	art	art	NOUN
gujaf-41	234	62	and	and	CCONJ
gujaf-41	234	63	science,7i	science,7i	NOUN
gujaf-41	234	64	(	(	PUNCT
gujaf-41	234	65	02	02	NUM
gujaf-41	234	66	)	)	PUNCT
gujaf-41	234	67	.	.	PUNCT
gujaf-41	235	1	falope	falope	NOUN
gujaf-41	235	2	,	,	PUNCT
gujaf-41	235	3	o.	o.	PROPN
gujaf-41	235	4	i.	i.	PROPN
gujaf-41	235	5	and	and	CCONJ
gujaf-41	235	6	ajilore	ajilore	NOUN
gujaf-41	235	7	,	,	PUNCT
gujaf-41	235	8	o.t	o.t	PROPN
gujaf-41	235	9	.	.	PROPN
gujaf-41	235	10	(	(	PUNCT
gujaf-41	235	11	2009	2009	NUM
gujaf-41	235	12	)	)	PUNCT
gujaf-41	235	13	.	.	PUNCT
gujaf-41	236	1	working	work	VERB
gujaf-41	236	2	capital	capital	NOUN
gujaf-41	236	3	management	management	NOUN
gujaf-41	236	4	and	and	CCONJ
gujaf-41	236	5	corporate	corporate	ADJ
gujaf-41	236	6	profitability	profitability	NOUN
gujaf-41	236	7	evidence	evidence	NOUN
gujaf-41	236	8	from	from	ADP
gujaf-41	236	9	panel	panel	NOUN
gujaf-41	236	10	data	datum	NOUN
gujaf-41	236	11	analysis	analysis	NOUN
gujaf-41	236	12	of	of	ADP
gujaf-41	236	13	selected	select	VERB
gujaf-41	236	14	quoted	quote	VERB
gujaf-41	236	15	companies	company	NOUN
gujaf-41	236	16	in	in	ADP
gujaf-41	236	17	nigeria	nigeria	PROPN
gujaf-41	236	18	,	,	PUNCT
gujaf-41	236	19	research	research	NOUN
gujaf-41	236	20	journal	journal	NOUN
gujaf-41	236	21	of	of	ADP
gujaf-41	236	22	business	business	NOUN
gujaf-41	236	23	management	management	NOUN
gujaf-41	236	24	,	,	PUNCT
gujaf-41	236	25	3	3	NUM
gujaf-41	236	26	,	,	PUNCT
gujaf-41	236	27	73	73	NUM
gujaf-41	236	28	–	–	SYM
gujaf-41	236	29	84	84	NUM
gujaf-41	236	30	.	.	PUNCT
gujaf-41	237	1	gusau	gusau	ADJ
gujaf-41	237	2	journal	journal	PROPN
gujaf-41	237	3	of	of	ADP
gujaf-41	237	4	accounting	accounting	NOUN
gujaf-41	237	5	and	and	CCONJ
gujaf-41	237	6	finance	finance	NOUN
gujaf-41	237	7	,	,	PUNCT
gujaf-41	237	8	vol	vol	NOUN
gujaf-41	237	9	.	.	PUNCT
gujaf-41	238	1	i	i	PRON
gujaf-41	238	2	,	,	PUNCT
gujaf-41	238	3	issue	issue	NOUN
gujaf-41	238	4	2	2	NUM
gujaf-41	238	5	,	,	PUNCT
gujaf-41	238	6	october	october	PROPN
gujaf-41	238	7	,	,	PUNCT
gujaf-41	238	8	2020	2020	NUM
gujaf-41	238	9	19	19	NUM
gujaf-41	238	10	gill	gill	NOUN
gujaf-41	238	11	,	,	PUNCT
gujaf-41	238	12	a.	a.	NOUN
gujaf-41	238	13	nahum	nahum	PROPN
gujaf-41	238	14	,	,	PUNCT
gujaf-41	238	15	b	b	PROPN
gujaf-41	238	16	,	,	PUNCT
gujaf-41	238	17	&	&	CCONJ
gujaf-41	238	18	neil	neil	PROPN
gujaf-41	238	19	,	,	PUNCT
gujaf-41	238	20	m	m	PROPN
gujaf-41	238	21	,	,	PUNCT
gujaf-41	238	22	(	(	PUNCT
gujaf-41	238	23	2010	2010	NUM
gujaf-41	238	24	)	)	PUNCT
gujaf-41	238	25	.	.	PUNCT
gujaf-41	239	1	“	"	PUNCT
gujaf-41	239	2	the	the	DET
gujaf-41	239	3	relationship	relationship	NOUN
gujaf-41	239	4	between	between	ADP
gujaf-41	239	5	working	work	VERB
gujaf-41	239	6	capital	capital	NOUN
gujaf-41	239	7	management	management	NOUN
gujaf-41	239	8	and	and	CCONJ
gujaf-41	239	9	profitability	profitability	NOUN
gujaf-41	239	10	:	:	PUNCT
gujaf-41	239	11	evidence	evidence	NOUN
gujaf-41	239	12	fromthe	fromthe	PROPN
gujaf-41	239	13	united	united	PROPN
gujaf-41	239	14	states	states	PROPN
gujaf-41	239	15	”	"	PUNCT
gujaf-41	239	16	.	.	PUNCT
gujaf-41	240	1	business	business	NOUN
gujaf-41	240	2	and	and	CCONJ
gujaf-41	240	3	economics	economic	NOUN
gujaf-41	240	4	journal	journal	NOUN
gujaf-41	240	5	,	,	PUNCT
gujaf-41	240	6	volume	volume	NOUN
gujaf-41	240	7	2010(10	2010(10	NUM
gujaf-41	240	8	)	)	PUNCT
gujaf-41	240	9	.	.	PUNCT
gujaf-41	241	1	gugong	gugong	PROPN
gujaf-41	241	2	,	,	PUNCT
gujaf-41	241	3	b.k	b.k	PROPN
gujaf-41	241	4	.	.	PROPN
gujaf-41	241	5	,	,	PUNCT
gujaf-41	241	6	aitimon	aitimon	PROPN
gujaf-41	241	7	,	,	PUNCT
gujaf-41	241	8	j.	j.	PROPN
gujaf-41	241	9	&	&	CCONJ
gujaf-41	241	10	alibaba	alibaba	PROPN
gujaf-41	241	11	,	,	PUNCT
gujaf-41	241	12	e.	e.	PROPN
gujaf-41	241	13	(	(	PUNCT
gujaf-41	241	14	2019	2019	NUM
gujaf-41	241	15	)	)	PUNCT
gujaf-41	241	16	.	.	PUNCT
gujaf-41	242	1	liquidity	liquidity	NOUN
gujaf-41	242	2	management	management	NOUN
gujaf-41	242	3	and	and	CCONJ
gujaf-41	242	4	profitability	profitability	NOUN
gujaf-41	242	5	of	of	ADP
gujaf-41	242	6	quoted	quote	VERB
gujaf-41	242	7	food	food	NOUN
gujaf-41	242	8	and	and	CCONJ
gujaf-41	242	9	beverages	beverage	NOUN
gujaf-41	242	10	firms	firm	NOUN
gujaf-41	242	11	in	in	ADP
gujaf-41	242	12	nigeria	nigeria	PROPN
gujaf-41	242	13	.	.	PUNCT
gujaf-41	243	1	kogi	kogi	PROPN
gujaf-41	243	2	state	state	PROPN
gujaf-41	243	3	university	university	PROPN
gujaf-41	243	4	research	research	NOUN
gujaf-41	243	5	journal	journal	NOUN
gujaf-41	243	6	of	of	ADP
gujaf-41	243	7	accounting	accounting	NOUN
gujaf-41	243	8	and	and	CCONJ
gujaf-41	243	9	finance	finance	NOUN
gujaf-41	243	10	;	;	PUNCT
gujaf-41	243	11	vol	vol	NOUN
gujaf-41	243	12	.	.	NOUN
gujaf-41	244	1	2	2	NUM
gujaf-41	244	2	,	,	PUNCT
gujaf-41	244	3	no	no	INTJ
gujaf-41	244	4	.	.	NOUN
gujaf-41	244	5	2	2	NUM
gujaf-41	244	6	,	,	PUNCT
gujaf-41	244	7	december	december	PROPN
gujaf-41	244	8	2019	2019	NUM
gujaf-41	244	9	issn	issn	VERB
gujaf-41	244	10	0442	0442	NUM
gujaf-41	244	11	-	-	SYM
gujaf-41	244	12	01489	01489	NUM
gujaf-41	244	13	gugong	gugong	NOUN
gujaf-41	244	14	,	,	PUNCT
gujaf-41	244	15	b.k	b.k	PROPN
gujaf-41	244	16	.	.	PROPN
gujaf-41	244	17	,	,	PUNCT
gujaf-41	244	18	alibaba	alibaba	PROPN
gujaf-41	244	19	,	,	PUNCT
gujaf-41	244	20	e.	e.	PROPN
gujaf-41	244	21	&	&	CCONJ
gujaf-41	244	22	aitimon	aitimon	PROPN
gujaf-41	244	23	,	,	PUNCT
gujaf-41	244	24	j.	j.	PROPN
gujaf-41	244	25	(	(	PUNCT
gujaf-41	244	26	2019	2019	NUM
gujaf-41	244	27	)	)	PUNCT
gujaf-41	244	28	.	.	PUNCT
gujaf-41	245	1	impact	impact	NOUN
gujaf-41	245	2	of	of	ADP
gujaf-41	245	3	liquidity	liquidity	NOUN
gujaf-41	245	4	and	and	CCONJ
gujaf-41	245	5	leverage	leverage	NOUN
gujaf-41	245	6	on	on	ADP
gujaf-41	245	7	profitability	profitability	NOUN
gujaf-41	245	8	of	of	ADP
gujaf-41	245	9	listed	list	VERB
gujaf-41	245	10	insurance	insurance	NOUN
gujaf-41	245	11	companies	company	NOUN
gujaf-41	245	12	in	in	ADP
gujaf-41	245	13	nigeria	nigeria	PROPN
gujaf-41	245	14	.	.	PUNCT
gujaf-41	246	1	kogi	kogi	PROPN
gujaf-41	246	2	state	state	PROPN
gujaf-41	246	3	university	university	PROPN
gujaf-41	246	4	research	research	NOUN
gujaf-41	246	5	journal	journal	NOUN
gujaf-41	246	6	of	of	ADP
gujaf-41	246	7	accounting	accounting	NOUN
gujaf-41	246	8	and	and	CCONJ
gujaf-41	246	9	finance	finance	NOUN
gujaf-41	246	10	;	;	PUNCT
gujaf-41	246	11	vol	vol	NOUN
gujaf-41	246	12	.	.	NOUN
gujaf-41	247	1	2	2	NUM
gujaf-41	247	2	,	,	PUNCT
gujaf-41	247	3	no	no	INTJ
gujaf-41	247	4	.	.	NOUN
gujaf-41	247	5	2	2	NUM
gujaf-41	247	6	,	,	PUNCT
gujaf-41	247	7	december	december	PROPN
gujaf-41	247	8	2019	2019	NUM
gujaf-41	247	9	issn	issn	VERB
gujaf-41	247	10	0442	0442	NUM
gujaf-41	247	11	-	-	SYM
gujaf-41	247	12	01489	01489	NUM
gujaf-41	247	13	gujurati	gujurati	PROPN
gujaf-41	247	14	,	,	PUNCT
gujaf-41	247	15	d.	d.	PROPN
gujaf-41	247	16	n.	n.	PROPN
gujaf-41	247	17	(	(	PUNCT
gujaf-41	247	18	1995	1995	NUM
gujaf-41	247	19	)	)	PUNCT
gujaf-41	247	20	,	,	PUNCT
gujaf-41	247	21	basic	basic	ADJ
gujaf-41	247	22	econometrics	econometric	NOUN
gujaf-41	247	23	,	,	PUNCT
gujaf-41	247	24	mcgraw	mcgraw	PROPN
gujaf-41	247	25	-	-	PUNCT
gujaf-41	247	26	hill	hill	PROPN
gujaf-41	247	27	,	,	PUNCT
gujaf-41	247	28	new	new	ADJ
gujaf-41	247	29	delhi	delhi	PROPN
gujaf-41	247	30	.	.	PUNCT
gujaf-41	248	1	hoang	hoang	PROPN
gujaf-41	248	2	,	,	PUNCT
gujaf-41	248	3	t.	t.	PROPN
gujaf-41	248	4	(	(	PUNCT
gujaf-41	248	5	2015	2015	NUM
gujaf-41	248	6	)	)	PUNCT
gujaf-41	248	7	.	.	PUNCT
gujaf-41	249	1	working	work	VERB
gujaf-41	249	2	capital	capital	NOUN
gujaf-41	249	3	management	management	NOUN
gujaf-41	249	4	and	and	CCONJ
gujaf-41	249	5	firm	firm	ADJ
gujaf-41	249	6	performance	performance	NOUN
gujaf-41	249	7	:	:	PUNCT
gujaf-41	249	8	a	a	DET
gujaf-41	249	9	case	case	NOUN
gujaf-41	249	10	of	of	ADP
gujaf-41	249	11	manufacturing	manufacturing	NOUN
gujaf-41	249	12	firms	firm	NOUN
gujaf-41	249	13	listed	list	VERB
gujaf-41	249	14	on	on	ADP
gujaf-41	249	15	hose	hose	PROPN
gujaf-41	249	16	.	.	PUNCT
gujaf-41	250	1	karaduman	karaduman	PROPN
gujaf-41	250	2	,	,	PUNCT
gujaf-41	250	3	h.	h.	PROPN
gujaf-41	250	4	a	a	PROPN
gujaf-41	250	5	,	,	PUNCT
gujaf-41	250	6	halil	halil	PROPN
gujaf-41	250	7	,	,	PUNCT
gujaf-41	250	8	e.	e.	PROPN
gujaf-41	250	9	a	a	PROPN
gujaf-41	250	10	,	,	PUNCT
gujaf-41	250	11	arzu	arzu	NOUN
gujaf-41	250	12	,	,	PUNCT
gujaf-41	250	13	o.	o.	PROPN
gujaf-41	250	14	&	&	CCONJ
gujaf-41	250	15	salih	salih	PROPN
gujaf-41	250	16	,	,	PUNCT
gujaf-41	250	17	d.	d.	PROPN
gujaf-41	250	18	(	(	PUNCT
gujaf-41	250	19	2011	2011	NUM
gujaf-41	250	20	)	)	PUNCT
gujaf-41	250	21	.	.	PUNCT
gujaf-41	251	1	“	"	PUNCT
gujaf-41	251	2	the	the	DET
gujaf-41	251	3	relationship	relationship	NOUN
gujaf-41	251	4	between	between	ADP
gujaf-41	251	5	working	work	VERB
gujaf-41	251	6	capital	capital	NOUN
gujaf-41	251	7	management	management	NOUN
gujaf-41	251	8	and	and	CCONJ
gujaf-41	251	9	profitability	profitability	NOUN
gujaf-41	251	10	:	:	PUNCT
gujaf-41	251	11	evidence	evidence	NOUN
gujaf-41	251	12	from	from	ADP
gujaf-41	251	13	emerging	emerge	VERB
gujaf-41	251	14	market	market	NOUN
gujaf-41	251	15	”	"	PUNCT
gujaf-41	251	16	.	.	PUNCT
gujaf-41	252	1	international	international	ADJ
gujaf-41	252	2	research	research	PROPN
gujaf-41	252	3	journal	journal	NOUN
gujaf-41	252	4	of	of	ADP
gujaf-41	252	5	finance	finance	NOUN
gujaf-41	252	6	and	and	CCONJ
gujaf-41	252	7	economics	economic	NOUN
gujaf-41	252	8	,	,	PUNCT
gujaf-41	252	9	1450	1450	NUM
gujaf-41	252	10	-	-	SYM
gujaf-41	252	11	2887	2887	NUM
gujaf-41	252	12	lazaridis	lazaridi	NOUN
gujaf-41	252	13	,	,	PUNCT
gujaf-41	252	14	i.	i.	PROPN
gujaf-41	252	15	&	&	CCONJ
gujaf-41	252	16	tryfonidis	tryfonidis	PROPN
gujaf-41	252	17	,	,	PUNCT
gujaf-41	252	18	d.	d.	PROPN
gujaf-41	252	19	,	,	PUNCT
gujaf-41	252	20	(	(	PUNCT
gujaf-41	252	21	2006).the	2006).the	DET
gujaf-41	252	22	relationship	relationship	NOUN
gujaf-41	252	23	between	between	ADP
gujaf-41	252	24	working	work	VERB
gujaf-41	252	25	capital	capital	NOUN
gujaf-41	252	26	management	management	NOUN
gujaf-41	252	27	and	and	CCONJ
gujaf-41	252	28	performance	performance	NOUN
gujaf-41	252	29	:	:	PUNCT
gujaf-41	252	30	an	an	DET
gujaf-41	252	31	analysis	analysis	NOUN
gujaf-41	252	32	of	of	ADP
gujaf-41	252	33	mauritian	mauritian	ADJ
gujaf-41	252	34	small	small	ADJ
gujaf-41	252	35	manufacturing	manufacturing	NOUN
gujaf-41	252	36	firms	firm	NOUN
gujaf-41	252	37	,	,	PUNCT
gujaf-41	252	38	international	international	ADJ
gujaf-41	252	39	review	review	NOUN
gujaf-41	252	40	of	of	ADP
gujaf-41	252	41	business	business	NOUN
gujaf-41	252	42	research	research	NOUN
gujaf-41	252	43	papers	paper	NOUN
gujaf-41	252	44	,	,	PUNCT
gujaf-41	252	45	2(2	2(2	NUM
gujaf-41	252	46	)	)	PUNCT
gujaf-41	252	47	45	45	NUM
gujaf-41	252	48	-58	-58	PUNCT
gujaf-41	252	49	lazaridis	lazaridi	NOUN
gujaf-41	252	50	,	,	PUNCT
gujaf-41	252	51	i.	i.	PROPN
gujaf-41	252	52	(	(	PUNCT
gujaf-41	252	53	2006).relationship	2006).relationship	NUM
gujaf-41	252	54	between	between	ADP
gujaf-41	252	55	working	work	VERB
gujaf-41	252	56	capital	capital	NOUN
gujaf-41	252	57	management	management	NOUN
gujaf-41	252	58	and	and	CCONJ
gujaf-41	252	59	profitability	profitability	NOUN
gujaf-41	252	60	of	of	ADP
gujaf-41	252	61	listed	list	VERB
gujaf-41	252	62	companies	company	NOUN
gujaf-41	252	63	in	in	ADP
gujaf-41	252	64	the	the	DET
gujaf-41	252	65	athens	athens	PROPN
gujaf-41	252	66	stock	stock	PROPN
gujaf-41	252	67	exchange	exchange	PROPN
gujaf-41	252	68	,	,	PUNCT
gujaf-41	252	69	journal	journal	NOUN
gujaf-41	252	70	of	of	ADP
gujaf-41	252	71	financial	financial	ADJ
gujaf-41	252	72	management	management	NOUN
gujaf-41	252	73	and	and	CCONJ
gujaf-41	252	74	analysis	analysis	NOUN
gujaf-41	252	75	,	,	PUNCT
gujaf-41	252	76	19(1	19(1	NUM
gujaf-41	252	77	)	)	PUNCT
gujaf-41	252	78	,	,	PUNCT
gujaf-41	252	79	32	32	NUM
gujaf-41	252	80	-	-	SYM
gujaf-41	252	81	59	59	NUM
gujaf-41	252	82	.	.	PUNCT
gujaf-41	253	1	oluboyede	oluboyede	PROPN
gujaf-41	253	2	,	,	PUNCT
gujaf-41	253	3	a.	a.	NOUN
gujaf-41	253	4	(	(	PUNCT
gujaf-41	253	5	2007	2007	NUM
gujaf-41	253	6	)	)	PUNCT
gujaf-41	253	7	.	.	PUNCT
gujaf-41	254	1	working	work	VERB
gujaf-41	254	2	capital	capital	NOUN
gujaf-41	254	3	and	and	CCONJ
gujaf-41	254	4	liquid	liquid	ADJ
gujaf-41	254	5	position	position	NOUN
gujaf-41	254	6	.	.	PUNCT
gujaf-41	255	1	the	the	DET
gujaf-41	255	2	nigeria	nigeria	PROPN
gujaf-41	255	3	accountant	accountant	NOUN
gujaf-41	255	4	,	,	PUNCT
gujaf-41	255	5	40	40	NUM
gujaf-41	255	6	,	,	PUNCT
gujaf-41	255	7	(	(	PUNCT
gujaf-41	255	8	3	3	NUM
gujaf-41	255	9	)	)	PUNCT
gujaf-41	255	10	.	.	PUNCT
gujaf-41	256	1	osundina	osundina	PROPN
gujaf-41	256	2	,	,	PUNCT
gujaf-41	256	3	j.	j.	PROPN
gujaf-41	256	4	a.	a.	PROPN
gujaf-41	256	5	,	,	PUNCT
gujaf-41	256	6	(	(	PUNCT
gujaf-41	256	7	2014	2014	NUM
gujaf-41	256	8	)	)	PUNCT
gujaf-41	256	9	working	work	VERB
gujaf-41	256	10	capital	capital	NOUN
gujaf-41	256	11	management	management	NOUN
gujaf-41	256	12	and	and	CCONJ
gujaf-41	256	13	profitability	profitability	NOUN
gujaf-41	256	14	of	of	ADP
gujaf-41	256	15	selected	select	VERB
gujaf-41	256	16	quoted	quote	VERB
gujaf-41	256	17	food	food	NOUN
gujaf-41	256	18	and	and	CCONJ
gujaf-41	256	19	beverages	beverage	NOUN
gujaf-41	256	20	manufacturing	manufacturing	NOUN
gujaf-41	256	21	firms	firm	NOUN
gujaf-41	256	22	in	in	ADP
gujaf-41	256	23	nigeria	nigeria	PROPN
gujaf-41	256	24	,	,	PUNCT
gujaf-41	256	25	european	european	PROPN
gujaf-41	256	26	journal	journal	PROPN
gujaf-41	256	27	of	of	ADP
gujaf-41	256	28	accounting	accounting	NOUN
gujaf-41	256	29	auditing	auditing	NOUN
gujaf-41	256	30	and	and	CCONJ
gujaf-41	256	31	finance	finance	NOUN
gujaf-41	256	32	research	research	NOUN
gujaf-41	256	33	,	,	PUNCT
gujaf-41	256	34	2(3	2(3	NUM
gujaf-41	256	35	)	)	PUNCT
gujaf-41	256	36	10	10	NUM
gujaf-41	256	37	-	-	SYM
gujaf-41	256	38	21	21	NUM
gujaf-41	256	39	,	,	PUNCT
gujaf-41	256	40	owolabi	owolabi	NOUN
gujaf-41	256	41	,	,	PUNCT
gujaf-41	256	42	s.a	s.a	PROPN
gujaf-41	256	43	,	,	PUNCT
gujaf-41	256	44	&	&	CCONJ
gujaf-41	256	45	alu	alu	NOUN
gujaf-41	256	46	,	,	PUNCT
gujaf-41	256	47	c.	c.	PROPN
gujaf-41	256	48	n.	n.	PROPN
gujaf-41	256	49	,	,	PUNCT
gujaf-41	256	50	(	(	PUNCT
gujaf-41	256	51	2012).effective	2012).effective	NUM
gujaf-41	256	52	working	working	ADJ
gujaf-41	256	53	capital	capital	NOUN
gujaf-41	256	54	management	management	NOUN
gujaf-41	256	55	and	and	CCONJ
gujaf-41	256	56	profitability	profitability	NOUN
gujaf-41	256	57	;	;	PUNCT
gujaf-41	256	58	a	a	DET
gujaf-41	256	59	study	study	NOUN
gujaf-41	256	60	of	of	ADP
gujaf-41	256	61	selected	select	VERB
gujaf-41	256	62	quoted	quote	VERB
gujaf-41	256	63	manufacturing	manufacturing	NOUN
gujaf-41	256	64	companies	company	NOUN
gujaf-41	256	65	in	in	ADP
gujaf-41	256	66	nigeria	nigeria	PROPN
gujaf-41	256	67	.	.	PUNCT
gujaf-41	257	1	economics	economic	NOUN
gujaf-41	257	2	and	and	CCONJ
gujaf-41	257	3	finance	finance	PROPN
gujaf-41	257	4	review	review	NOUN
gujaf-41	257	5	,	,	PUNCT
gujaf-41	257	6	2(6	2(6	NUM
gujaf-41	257	7	)	)	PUNCT
gujaf-41	257	8	,	,	PUNCT
gujaf-41	257	9	55	55	NUM
gujaf-41	257	10	-	-	SYM
gujaf-41	257	11	67	67	NUM
gujaf-41	257	12	priya	priya	PROPN
gujaf-41	257	13	,	,	PUNCT
gujaf-41	257	14	k.	k.	PROPN
gujaf-41	257	15	and	and	CCONJ
gujaf-41	257	16	nimalathasan	nimalathasan	PROPN
gujaf-41	257	17	,	,	PUNCT
gujaf-41	257	18	b.	b.	PROPN
gujaf-41	257	19	(	(	PUNCT
gujaf-41	257	20	2013	2013	NUM
gujaf-41	257	21	)	)	PUNCT
gujaf-41	257	22	.	.	PUNCT
gujaf-41	258	1	liquidity	liquidity	NOUN
gujaf-41	258	2	management	management	NOUN
gujaf-41	258	3	and	and	CCONJ
gujaf-41	258	4	profitability	profitability	NOUN
gujaf-41	258	5	:	:	PUNCT
gujaf-41	258	6	acase	acase	NOUN
gujaf-41	258	7	study	study	NOUN
gujaf-41	258	8	of	of	ADP
gujaf-41	258	9	listed	list	VERB
gujaf-41	258	10	manufacturing	manufacturing	NOUN
gujaf-41	258	11	companies	company	NOUN
gujaf-41	258	12	in	in	ADP
gujaf-41	258	13	sri	sri	PROPN
gujaf-41	258	14	lanka	lanka	PROPN
gujaf-41	258	15	.	.	PUNCT
gujaf-41	259	1	international	international	ADJ
gujaf-41	259	2	journal	journal	PROPN
gujaf-41	259	3	of	of	ADP
gujaf-41	259	4	techonological	techonological	ADJ
gujaf-41	259	5	exploration	exploration	NOUN
gujaf-41	259	6	and	and	CCONJ
gujaf-41	259	7	learning,2(4	learning,2(4	PROPN
gujaf-41	259	8	)	)	PUNCT
gujaf-41	259	9	,	,	PUNCT
gujaf-41	259	10	161	161	NUM
gujaf-41	259	11	-	-	SYM
gujaf-41	259	12	165	165	NUM
gujaf-41	259	13	.	.	PUNCT
gujaf-41	260	1	gusau	gusau	PROPN
gujaf-41	260	2	journal	journal	PROPN
gujaf-41	260	3	of	of	ADP
gujaf-41	260	4	accounting	accounting	NOUN
gujaf-41	260	5	and	and	CCONJ
gujaf-41	260	6	finance	finance	NOUN
gujaf-41	260	7	,	,	PUNCT
gujaf-41	260	8	vol	vol	NOUN
gujaf-41	260	9	.	.	PUNCT
gujaf-41	261	1	i	i	PRON
gujaf-41	261	2	,	,	PUNCT
gujaf-41	261	3	issue	issue	NOUN
gujaf-41	261	4	2	2	NUM
gujaf-41	261	5	,	,	PUNCT
gujaf-41	261	6	october	october	PROPN
gujaf-41	261	7	,	,	PUNCT
gujaf-41	261	8	2020	2020	NUM
gujaf-41	261	9	20	20	NUM
gujaf-41	261	10	qasim	qasim	PROPN
gujaf-41	261	11	,	,	PUNCT
gujaf-41	261	12	s.	s.	PROPN
gujaf-41	261	13	and	and	CCONJ
gujaf-41	261	14	ramiz	ramiz	PROPN
gujaf-41	261	15	r.	r.	PROPN
gujaf-41	261	16	,	,	PUNCT
gujaf-41	261	17	(	(	PUNCT
gujaf-41	261	18	2011	2011	NUM
gujaf-41	261	19	)	)	PUNCT
gujaf-41	261	20	,	,	PUNCT
gujaf-41	261	21	impacts	impact	NOUN
gujaf-41	261	22	of	of	ADP
gujaf-41	261	23	liquidity	liquidity	NOUN
gujaf-41	261	24	ratios	ratio	NOUN
gujaf-41	261	25	on	on	ADP
gujaf-41	261	26	profitability.a	profitability.a	PRON
gujaf-41	261	27	case	case	NOUN
gujaf-41	261	28	study	study	NOUN
gujaf-41	261	29	of	of	ADP
gujaf-41	261	30	oil	oil	NOUN
gujaf-41	261	31	and	and	CCONJ
gujaf-41	261	32	gas	gas	NOUN
gujaf-41	261	33	companies	company	NOUN
gujaf-41	261	34	of	of	ADP
gujaf-41	261	35	pakistan.interdisciplinary	pakistan.interdisciplinary	ADJ
gujaf-41	261	36	journal	journal	NOUN
gujaf-41	261	37	of	of	ADP
gujaf-41	261	38	research	research	NOUN
gujaf-41	261	39	in	in	ADP
gujaf-41	261	40	business	business	NOUN
gujaf-41	261	41	,	,	PUNCT
gujaf-41	261	42	1	1	NUM
gujaf-41	261	43	,	,	PUNCT
gujaf-41	261	44	95	95	NUM
gujaf-41	261	45	-	-	SYM
gujaf-41	261	46	98	98	NUM
gujaf-41	261	47	.	.	PUNCT
gujaf-41	262	1	rafiu	rafiu	PROPN
gujaf-41	262	2	,	,	PUNCT
gujaf-41	262	3	o.	o.	PROPN
gujaf-41	262	4	s.	s.	PROPN
gujaf-41	262	5	&	&	CCONJ
gujaf-41	262	6	john	john	PROPN
gujaf-41	262	7	.	.	PUNCT
gujaf-41	263	1	a.	a.	PROPN
gujaf-41	263	2	a.	a.	PROPN
gujaf-41	263	3	,	,	PUNCT
gujaf-41	263	4	(	(	PUNCT
gujaf-41	263	5	2014	2014	NUM
gujaf-41	263	6	)	)	PUNCT
gujaf-41	263	7	.	.	PUNCT
gujaf-41	264	1	working	work	VERB
gujaf-41	264	2	capital	capital	NOUN
gujaf-41	264	3	management	management	NOUN
gujaf-41	264	4	and	and	CCONJ
gujaf-41	264	5	the	the	DET
gujaf-41	264	6	performance	performance	NOUN
gujaf-41	264	7	of	of	ADP
gujaf-41	264	8	selected	select	VERB
gujaf-41	264	9	quoted	quote	VERB
gujaf-41	264	10	manufacturing	manufacturing	NOUN
gujaf-41	264	11	companies	company	NOUN
gujaf-41	264	12	in	in	ADP
gujaf-41	264	13	nigeria	nigeria	PROPN
gujaf-41	264	14	,	,	PUNCT
gujaf-41	264	15	research	research	NOUN
gujaf-41	264	16	journal	journal	NOUN
gujaf-41	264	17	of	of	ADP
gujaf-41	264	18	finance	finance	NOUN
gujaf-41	264	19	and	and	CCONJ
gujaf-41	264	20	accounting	accounting	NOUN
gujaf-41	264	21	.	.	PUNCT
gujaf-41	265	1	5(14	5(14	NUM
gujaf-41	265	2	)	)	PUNCT
gujaf-41	265	3	raheman	raheman	NOUN
gujaf-41	265	4	,	,	PUNCT
gujaf-41	265	5	a.	a.	PROPN
gujaf-41	265	6	&	&	CCONJ
gujaf-41	265	7	nasr	nasr	PROPN
gujaf-41	265	8	,	,	PUNCT
gujaf-41	265	9	m.	m.	NOUN
gujaf-41	265	10	(	(	PUNCT
gujaf-41	265	11	2007).working	2007).working	NUM
gujaf-41	265	12	capital	capital	NOUN
gujaf-41	265	13	management	management	NOUN
gujaf-41	265	14	and	and	CCONJ
gujaf-41	265	15	profitability	profitability	NOUN
gujaf-41	265	16	:	:	PUNCT
gujaf-41	265	17	case	case	NOUN
gujaf-41	265	18	of	of	ADP
gujaf-41	265	19	pakistani	pakistani	ADJ
gujaf-41	265	20	firms	firm	NOUN
gujaf-41	265	21	,	,	PUNCT
gujaf-41	265	22	international	international	ADJ
gujaf-41	265	23	review	review	NOUN
gujaf-41	265	24	of	of	ADP
gujaf-41	265	25	business	business	NOUN
gujaf-41	265	26	research	research	NOUN
gujaf-41	265	27	papers	paper	NOUN
gujaf-41	265	28	,	,	PUNCT
gujaf-41	265	29	3(1)279300	3(1)279300	NUM
gujaf-41	265	30	.	.	PUNCT
gujaf-41	266	1	rehman	rehman	NOUN
gujaf-41	266	2	,	,	PUNCT
gujaf-41	266	3	m.	m.	PROPN
gujaf-41	266	4	z.	z.	PROPN
gujaf-41	266	5	khan	khan	PROPN
gujaf-41	266	6	,	,	PUNCT
gujaf-41	266	7	m.	m.	NOUN
gujaf-41	266	8	n.and	n.and	NUM
gujaf-41	266	9	khokhar	khokhar	PROPN
gujaf-41	266	10	,	,	PUNCT
gujaf-41	266	11	i.	i.	PROPN
gujaf-41	266	12	(	(	PUNCT
gujaf-41	266	13	2015).investigating	2015).investigating	NUM
gujaf-41	266	14	liquidityprofitability	liquidityprofitability	NOUN
gujaf-41	266	15	relationship	relationship	NOUN
gujaf-41	266	16	:	:	PUNCT
gujaf-41	266	17	evidence	evidence	NOUN
gujaf-41	266	18	from	from	ADP
gujaf-41	266	19	companies	company	NOUN
gujaf-41	266	20	listed	list	VERB
gujaf-41	266	21	in	in	ADP
gujaf-41	266	22	saudi	saudi	ADJ
gujaf-41	266	23	stock	stock	NOUN
gujaf-41	266	24	exchange	exchange	NOUN
gujaf-41	266	25	(	(	PUNCT
gujaf-41	266	26	tadawul).journal	tadawul).journal	ADJ
gujaf-41	266	27	of	of	ADP
gujaf-41	266	28	applied	apply	VERB
gujaf-41	266	29	finance	finance	NOUN
gujaf-41	266	30	&	&	CCONJ
gujaf-41	266	31	banking	banking	NOUN
gujaf-41	266	32	,	,	PUNCT
gujaf-41	266	33	5(3	5(3	NUM
gujaf-41	266	34	)	)	PUNCT
gujaf-41	266	35	,	,	PUNCT
gujaf-41	266	36	159173	159173	NUM
gujaf-41	266	37	.	.	PUNCT
gujaf-41	267	1	rehn	rehn	PROPN
gujaf-41	267	2	,	,	PUNCT
gujaf-41	267	3	e.	e.	PROPN
gujaf-41	267	4	,	,	PUNCT
gujaf-41	267	5	(	(	PUNCT
gujaf-41	267	6	2012	2012	NUM
gujaf-41	267	7	)	)	PUNCT
gujaf-41	267	8	.	.	PUNCT
gujaf-41	268	1	effect	effect	NOUN
gujaf-41	268	2	of	of	ADP
gujaf-41	268	3	working	work	VERB
gujaf-41	268	4	capital	capital	NOUN
gujaf-41	268	5	management	management	NOUN
gujaf-41	268	6	on	on	ADP
gujaf-41	268	7	companies	company	NOUN
gujaf-41	268	8	profitability	profitability	NOUN
gujaf-41	268	9	,	,	PUNCT
gujaf-41	268	10	department	department	NOUN
gujaf-41	268	11	of	of	ADP
gujaf-41	268	12	accounting	accounting	PROPN
gujaf-41	268	13	,	,	PUNCT
gujaf-41	268	14	hanken	hanken	ADJ
gujaf-41	268	15	school	school	NOUN
gujaf-41	268	16	of	of	ADP
gujaf-41	268	17	economies	economy	NOUN
gujaf-41	268	18	,	,	PUNCT
gujaf-41	268	19	helsinki	helsinki	PROPN
gujaf-41	268	20	rezazade	rezazade	PROPN
gujaf-41	268	21	,	,	PUNCT
gujaf-41	268	22	k.	k.	PROPN
gujaf-41	268	23	,	,	PUNCT
gujaf-41	268	24	(	(	PUNCT
gujaf-41	268	25	2014).studied	2014).studie	VERB
gujaf-41	268	26	the	the	DET
gujaf-41	268	27	relation	relation	NOUN
gujaf-41	268	28	between	between	ADP
gujaf-41	268	29	working	work	VERB
gujaf-41	268	30	capital	capital	NOUN
gujaf-41	268	31	management	management	NOUN
gujaf-41	268	32	and	and	CCONJ
gujaf-41	268	33	financial	financial	ADJ
gujaf-41	268	34	performance	performance	NOUN
gujaf-41	268	35	indexes	index	NOUN
gujaf-41	268	36	of	of	ADP
gujaf-41	268	37	the	the	DET
gujaf-41	268	38	companies	company	NOUN
gujaf-41	268	39	accepted	accept	VERB
gujaf-41	268	40	in	in	ADP
gujaf-41	268	41	tehran	tehran	PROPN
gujaf-41	268	42	stock	stock	PROPN
gujaf-41	268	43	international	international	PROPN
gujaf-41	268	44	journal	journal	PROPN
gujaf-41	268	45	of	of	ADP
gujaf-41	268	46	marketing	marketing	NOUN
gujaf-41	268	47	,	,	PUNCT
gujaf-41	268	48	financial	financial	ADJ
gujaf-41	268	49	services	service	NOUN
gujaf-41	268	50	&	&	CCONJ
gujaf-41	268	51	management	management	PROPN
gujaf-41	268	52	research	research	NOUN
gujaf-41	268	53	,	,	PUNCT
gujaf-41	268	54	3(5	3(5	NUM
gujaf-41	268	55	)	)	PUNCT
gujaf-41	268	56	,	,	PUNCT
gujaf-41	268	57	132	132	NUM
gujaf-41	268	58	-	-	SYM
gujaf-41	268	59	173	173	NUM
gujaf-41	268	60	.	.	PUNCT
gujaf-41	269	1	reuters	reuter	NOUN
gujaf-41	269	2	(	(	PUNCT
gujaf-41	269	3	2018	2018	NUM
gujaf-41	269	4	)	)	PUNCT
gujaf-41	269	5	.	.	PUNCT
gujaf-41	270	1	https://www.reuters.com/article/nigeria-oando/update-2-nigeriasoando-and-key-shareholder-settle-long-running-dispute-idusl8n1ph5j9	https://www.reuters.com/article/nigeria-oando/update-2-nigeriasoando-and-key-shareholder-settle-long-running-dispute-idusl8n1ph5j9	PROPN
gujaf-41	270	2	.	.	PUNCT
gujaf-41	271	1	(	(	PUNCT
gujaf-41	271	2	accessed	access	VERB
gujaf-41	271	3	january	january	PROPN
gujaf-41	271	4	22	22	NUM
gujaf-41	271	5	,	,	PUNCT
gujaf-41	271	6	2018	2018	NUM
gujaf-41	271	7	)	)	PUNCT
gujaf-41	271	8	.	.	PUNCT
gujaf-41	272	1	sharma	sharma	PROPN
gujaf-41	272	2	,	,	PUNCT
gujaf-41	272	3	a.	a.	PROPN
gujaf-41	272	4	k.	k.	PROPN
gujaf-41	272	5	and	and	CCONJ
gujaf-41	272	6	kumar	kumar	PROPN
gujaf-41	272	7	,	,	PUNCT
gujaf-41	272	8	s.	s.	PROPN
gujaf-41	272	9	(	(	PUNCT
gujaf-41	272	10	2011	2011	NUM
gujaf-41	272	11	)	)	PUNCT
gujaf-41	272	12	.	.	PUNCT
gujaf-41	273	1	effect	effect	NOUN
gujaf-41	273	2	of	of	ADP
gujaf-41	273	3	working	work	VERB
gujaf-41	273	4	capital	capital	NOUN
gujaf-41	273	5	management	management	NOUN
gujaf-41	273	6	on	on	ADP
gujaf-41	273	7	firm	firm	ADJ
gujaf-41	273	8	profitability	profitability	NOUN
gujaf-41	273	9	:	:	PUNCT
gujaf-41	273	10	empirical	empirical	ADJ
gujaf-41	273	11	evidence	evidence	NOUN
gujaf-41	273	12	from	from	ADP
gujaf-41	273	13	india	india	PROPN
gujaf-41	273	14	.	.	PUNCT
gujaf-41	274	1	global	global	ADJ
gujaf-41	274	2	business	business	PROPN
gujaf-41	274	3	review	review	PROPN
gujaf-41	274	4	,	,	PUNCT
gujaf-41	274	5	12(1	12(1	NUM
gujaf-41	274	6	)	)	PUNCT
gujaf-41	274	7	,	,	PUNCT
gujaf-41	274	8	159	159	NUM
gujaf-41	274	9	-	-	SYM
gujaf-41	274	10	173	173	NUM
gujaf-41	274	11	.	.	PUNCT
gujaf-41	275	1	shah	shah	PROPN
gujaf-41	275	2	,	,	PUNCT
gujaf-41	275	3	a.	a.	PROPN
gujaf-41	275	4	&	&	CCONJ
gujaf-41	275	5	sana	sana	PROPN
gujaf-41	275	6	,	,	PUNCT
gujaf-41	275	7	a.	a.	PROPN
gujaf-41	275	8	,	,	PUNCT
gujaf-41	275	9	(	(	PUNCT
gujaf-41	275	10	2006).impact	2006).impact	NUM
gujaf-41	275	11	of	of	ADP
gujaf-41	275	12	working	work	VERB
gujaf-41	275	13	capital	capital	NOUN
gujaf-41	275	14	management	management	NOUN
gujaf-41	275	15	on	on	ADP
gujaf-41	275	16	the	the	DET
gujaf-41	275	17	profitability	profitability	NOUN
gujaf-41	275	18	of	of	ADP
gujaf-41	275	19	oil	oil	NOUN
gujaf-41	275	20	and	and	CCONJ
gujaf-41	275	21	gas	gas	NOUN
gujaf-41	275	22	sector	sector	NOUN
gujaf-41	275	23	of	of	ADP
gujaf-41	275	24	pakistan.european	pakistan.european	ADJ
gujaf-41	275	25	journal	journal	NOUN
gujaf-41	275	26	of	of	ADP
gujaf-41	275	27	scientific	scientific	ADJ
gujaf-41	275	28	research.15	research.15	NOUN
gujaf-41	275	29	(	(	PUNCT
gujaf-41	275	30	3	3	NUM
gujaf-41	275	31	)	)	PUNCT
gujaf-41	275	32	,	,	PUNCT
gujaf-41	275	33	301	301	NUM
gujaf-41	275	34	-307	-307	PROPN
gujaf-41	275	35	.	.	PUNCT
gujaf-41	275	36	soheila	soheila	PROPN
gujaf-41	275	37	,	,	PUNCT
gujaf-41	275	38	h.	h.	PROPN
gujaf-41	275	39	and	and	CCONJ
gujaf-41	275	40	torgheh	torgheh	PROPN
gujaf-41	275	41	,	,	PUNCT
gujaf-41	275	42	s.	s.	PROPN
gujaf-41	275	43	(	(	PUNCT
gujaf-41	275	44	2008	2008	NUM
gujaf-41	275	45	)	)	PUNCT
gujaf-41	275	46	.	.	PUNCT
gujaf-41	276	1	a	a	DET
gujaf-41	276	2	study	study	NOUN
gujaf-41	276	3	of	of	ADP
gujaf-41	276	4	the	the	DET
gujaf-41	276	5	impacts	impact	NOUN
gujaf-41	276	6	of	of	ADP
gujaf-41	276	7	working	work	VERB
gujaf-41	276	8	capital	capital	NOUN
gujaf-41	276	9	management	management	NOUN
gujaf-41	276	10	of	of	ADP
gujaf-41	276	11	small	small	ADJ
gujaf-41	276	12	and	and	CCONJ
gujaf-41	276	13	medium	medium	ADJ
gujaf-41	276	14	size	size	NOUN
gujaf-41	276	15	companies	company	NOUN
gujaf-41	276	16	of	of	ADP
gujaf-41	276	17	iran	iran	PROPN
gujaf-41	276	18	,	,	PUNCT
gujaf-41	276	19	al	al	PROPN
gujaf-41	276	20	-	-	PUNCT
gujaf-41	276	21	zahra	zahra	PROPN
gujaf-41	276	22	university	university	PROPN
gujaf-41	276	23	,	,	PUNCT
gujaf-41	276	24	unpublished	unpublished	ADJ
gujaf-41	276	25	master	master	NOUN
gujaf-41	276	26	’s	’s	PART
gujaf-41	276	27	degree	degree	NOUN
gujaf-41	276	28	dissertation	dissertation	NOUN
gujaf-41	276	29	.	.	PUNCT
gujaf-41	277	1	stephen	stephen	PROPN
gujaf-41	277	2	,	,	PUNCT
gujaf-41	277	3	k.	k.	PROPN
gujaf-41	277	4	k.	k.	PROPN
gujaf-41	277	5	(	(	PUNCT
gujaf-41	277	6	2012	2012	NUM
gujaf-41	277	7	)	)	PUNCT
gujaf-41	277	8	,	,	PUNCT
gujaf-41	277	9	analysis	analysis	NOUN
gujaf-41	277	10	of	of	ADP
gujaf-41	277	11	effects	effect	NOUN
gujaf-41	277	12	of	of	ADP
gujaf-41	277	13	working	work	VERB
gujaf-41	277	14	capital	capital	NOUN
gujaf-41	277	15	management	management	NOUN
gujaf-41	277	16	on	on	ADP
gujaf-41	277	17	profitability	profitability	NOUN
gujaf-41	277	18	of	of	ADP
gujaf-41	277	19	manufacturing	manufacture	VERB
gujaf-41	277	20	companies	company	NOUN
gujaf-41	277	21	:	:	PUNCT
gujaf-41	277	22	a	a	DET
gujaf-41	277	23	case	case	NOUN
gujaf-41	277	24	study	study	NOUN
gujaf-41	277	25	of	of	ADP
gujaf-41	277	26	listed	list	VERB
gujaf-41	277	27	manufacturing	manufacturing	NOUN
gujaf-41	277	28	companies	company	NOUN
gujaf-41	277	29	on	on	ADP
gujaf-41	277	30	nairobi	nairobi	PROPN
gujaf-41	277	31	securities	securities	PROPN
gujaf-41	277	32	exchange	exchange	PROPN
gujaf-41	277	33	.	.	PUNCT
gujaf-41	278	1	a	a	DET
gujaf-41	278	2	research	research	NOUN
gujaf-41	278	3	project	project	NOUN
gujaf-41	278	4	submitted	submit	VERB
gujaf-41	278	5	to	to	ADP
gujaf-41	278	6	the	the	DET
gujaf-41	278	7	school	school	NOUN
gujaf-41	278	8	of	of	ADP
gujaf-41	278	9	business	business	NOUN
gujaf-41	278	10	in	in	ADP
gujaf-41	278	11	partial	partial	ADJ
gujaf-41	278	12	fulfillment	fulfillment	NOUN
gujaf-41	278	13	of	of	ADP
gujaf-41	278	14	the	the	DET
gujaf-41	278	15	https://www.reuters.com/article/nigeria-oando/update-2-nigerias-oando-and-key-shareholder-settle-long-running-dispute-idusl8n1ph5j9	https://www.reuters.com/article/nigeria-oando/update-2-nigerias-oando-and-key-shareholder-settle-long-running-dispute-idusl8n1ph5j9	ADJ
gujaf-41	278	16	https://www.reuters.com/article/nigeria-oando/update-2-nigerias-oando-and-key-shareholder-settle-long-running-dispute-idusl8n1ph5j9	https://www.reuters.com/article/nigeria-oando/update-2-nigerias-oando-and-key-shareholder-settle-long-running-dispute-idusl8n1ph5j9	ADJ
gujaf-41	278	17	gusau	gusau	ADJ
gujaf-41	278	18	journal	journal	NOUN
gujaf-41	278	19	of	of	ADP
gujaf-41	278	20	accounting	accounting	NOUN
gujaf-41	278	21	and	and	CCONJ
gujaf-41	278	22	finance	finance	NOUN
gujaf-41	278	23	,	,	PUNCT
gujaf-41	278	24	vol	vol	NOUN
gujaf-41	278	25	.	.	PUNCT
gujaf-41	279	1	i	i	PRON
gujaf-41	279	2	,	,	PUNCT
gujaf-41	279	3	issue	issue	NOUN
gujaf-41	279	4	2	2	NUM
gujaf-41	279	5	,	,	PUNCT
gujaf-41	279	6	october	october	PROPN
gujaf-41	279	7	,	,	PUNCT
gujaf-41	279	8	2020	2020	NUM
gujaf-41	279	9	21	21	NUM
gujaf-41	279	10	requirements	requirement	NOUN
gujaf-41	279	11	for	for	ADP
gujaf-41	279	12	the	the	DET
gujaf-41	279	13	award	award	NOUN
gujaf-41	279	14	of	of	ADP
gujaf-41	279	15	a	a	DET
gujaf-41	279	16	master	master	NOUN
gujaf-41	279	17	of	of	ADP
gujaf-41	279	18	business	business	PROPN
gujaf-41	279	19	administration	administration	NOUN
gujaf-41	279	20	degree	degree	NOUN
gujaf-41	279	21	(	(	PUNCT
gujaf-41	279	22	finance	finance	NOUN
gujaf-41	279	23	option	option	NOUN
gujaf-41	279	24	)	)	PUNCT
gujaf-41	279	25	of	of	ADP
gujaf-41	279	26	kabarak	kabarak	PROPN
gujaf-41	279	27	university	university	PROPN
gujaf-41	279	28	usama	usama	PROPN
gujaf-41	279	29	.m	.m	PROPN
gujaf-41	279	30	.	.	PUNCT
gujaf-41	279	31	,	,	PUNCT
gujaf-41	279	32	(	(	PUNCT
gujaf-41	279	33	2012	2012	NUM
gujaf-41	279	34	)	)	PUNCT
gujaf-41	279	35	.	.	PUNCT
gujaf-41	280	1	“	"	PUNCT
gujaf-41	280	2	working	work	VERB
gujaf-41	280	3	capital	capital	NOUN
gujaf-41	280	4	management	management	NOUN
gujaf-41	280	5	and	and	CCONJ
gujaf-41	280	6	its	its	PRON
gujaf-41	280	7	effect	effect	NOUN
gujaf-41	280	8	on	on	ADP
gujaf-41	280	9	firm	firm	NOUN
gujaf-41	280	10	’s	’s	PART
gujaf-41	280	11	profitability	profitability	NOUN
gujaf-41	280	12	and	and	CCONJ
gujaf-41	280	13	liquidity	liquidity	NOUN
gujaf-41	280	14	:	:	PUNCT
gujaf-41	280	15	in	in	ADP
gujaf-41	280	16	other	other	ADJ
gujaf-41	280	17	food	food	NOUN
gujaf-41	280	18	sector	sector	NOUN
gujaf-41	280	19	of	of	ADP
gujaf-41	280	20	(	(	PUNCT
gujaf-41	280	21	kse	kse	PROPN
gujaf-41	280	22	)	)	PUNCT
gujaf-41	280	23	karachi	karachi	PROPN
gujaf-41	280	24	stock	stock	PROPN
gujaf-41	280	25	exchange	exchange	PROPN
gujaf-41	280	26	.	.	PUNCT
gujaf-41	281	1	arabian	arabian	ADJ
gujaf-41	281	2	journal	journal	PROPN
gujaf-41	281	3	of	of	ADP
gujaf-41	281	4	business	business	NOUN
gujaf-41	281	5	and	and	CCONJ
gujaf-41	281	6	management	management	NOUN
gujaf-41	281	7	review	review	NOUN
gujaf-41	281	8	(	(	PUNCT
gujaf-41	281	9	oman	oman	NOUN
gujaf-41	281	10	chapter	chapter	NOUN
gujaf-41	281	11	)	)	PUNCT
gujaf-41	281	12	,	,	PUNCT
gujaf-41	281	13	july	july	PROPN
gujaf-41	281	14	2012	2012	NUM
gujaf-41	281	15	,	,	PUNCT
gujaf-41	281	16	1(12	1(12	NUM
gujaf-41	281	17	)	)	PUNCT
gujaf-41	281	18	.	.	PUNCT
gujaf-41	282	1	uyar	uyar	NOUN
gujaf-41	282	2	,	,	PUNCT
gujaf-41	282	3	a.	a.	NOUN
gujaf-41	282	4	,	,	PUNCT
gujaf-41	282	5	(	(	PUNCT
gujaf-41	282	6	2009	2009	NUM
gujaf-41	282	7	)	)	PUNCT
gujaf-41	282	8	.	.	PUNCT
gujaf-41	283	1	the	the	DET
gujaf-41	283	2	relationship	relationship	NOUN
gujaf-41	283	3	of	of	ADP
gujaf-41	283	4	cash	cash	NOUN
gujaf-41	283	5	conversion	conversion	NOUN
gujaf-41	283	6	cycle	cycle	NOUN
gujaf-41	283	7	with	with	ADP
gujaf-41	283	8	firm	firm	ADJ
gujaf-41	283	9	size	size	NOUN
gujaf-41	283	10	and	and	CCONJ
gujaf-41	283	11	profitability	profitability	NOUN
gujaf-41	283	12	:	:	PUNCT
gujaf-41	283	13	an	an	DET
gujaf-41	283	14	empirical	empirical	ADJ
gujaf-41	283	15	investigation	investigation	NOUN
gujaf-41	283	16	in	in	ADP
gujaf-41	283	17	turkey	turkey	PROPN
gujaf-41	283	18	.	.	PUNCT
gujaf-41	284	1	international	international	ADJ
gujaf-41	284	2	research	research	PROPN
gujaf-41	284	3	journal	journal	PROPN
gujaf-41	284	4	of	of	ADP
gujaf-41	284	5	finance	finance	NOUN
gujaf-41	284	6	andeconomics	andeconomic	NOUN
gujaf-41	284	7	.	.	PUNCT
gujaf-41	285	1	24	24	NUM
gujaf-41	285	2	.	.	PUNCT
gujaf-41	286	1	van	van	PROPN
gujaf-41	286	2	horne	horne	PROPN
gujaf-41	286	3	,	,	PUNCT
gujaf-41	286	4	j.	j.	PROPN
gujaf-41	286	5	c.	c.	PROPN
gujaf-41	286	6	,	,	PUNCT
gujaf-41	286	7	&	&	CCONJ
gujaf-41	286	8	wachowicz	wachowicz	NOUN
gujaf-41	286	9	,	,	PUNCT
gujaf-41	286	10	j.m	j.m	PROPN
gujaf-41	286	11	.	.	PROPN
gujaf-41	286	12	,	,	PUNCT
gujaf-41	286	13	(	(	PUNCT
gujaf-41	286	14	2004	2004	NUM
gujaf-41	286	15	)	)	PUNCT
gujaf-41	286	16	.	.	PUNCT
gujaf-41	287	1	fundamentals	fundamental	NOUN
gujaf-41	287	2	of	of	ADP
gujaf-41	287	3	financial	financial	ADJ
gujaf-41	287	4	management.eleventh	management.eleventh	PROPN
gujaf-41	287	5	edition	edition	NOUN
gujaf-41	287	6	,	,	PUNCT
gujaf-41	287	7	prentice	prentice	PROPN
gujaf-41	287	8	hall	hall	PROPN
gujaf-41	287	9	inc	inc	PROPN
gujaf-41	287	10	.	.	PROPN
gujaf-41	288	1	van	van	PROPN
gujaf-41	288	2	horne	horne	PROPN
gujaf-41	288	3	,	,	PUNCT
gujaf-41	288	4	j.	j.	PROPN
gujaf-41	288	5	c.	c.	PROPN
gujaf-41	288	6	(	(	PUNCT
gujaf-41	288	7	1995	1995	NUM
gujaf-41	288	8	)	)	PUNCT
gujaf-41	288	9	.	.	PUNCT
gujaf-41	289	1	financial	financial	ADJ
gujaf-41	289	2	management	management	NOUN
gujaf-41	289	3	and	and	CCONJ
gujaf-41	289	4	policy	policy	NOUN
gujaf-41	289	5	,	,	PUNCT
gujaf-41	289	6	new	new	PROPN
gujaf-41	289	7	jersey	jersey	PROPN
gujaf-41	289	8	:	:	PUNCT
gujaf-41	289	9	prentice	prentice	PROPN
gujaf-41	289	10	hall	hall	PROPN
gujaf-41	289	11	,	,	PUNCT
gujaf-41	289	12	englewood	englewood	PROPN
gujaf-41	289	13	cliffs	cliffs	PROPN
gujaf-41	289	14	.	.	PUNCT
gujaf-41	290	1	wang	wang	PROPN
gujaf-41	290	2	,	,	PUNCT
gujaf-41	290	3	y.	y.	PROPN
gujaf-41	290	4	j.	j.	PROPN
gujaf-41	290	5	(	(	PUNCT
gujaf-41	290	6	2002	2002	NUM
gujaf-41	290	7	)	)	PUNCT
gujaf-41	290	8	.	.	PUNCT
gujaf-41	291	1	liquidity	liquidity	NOUN
gujaf-41	291	2	management	management	NOUN
gujaf-41	291	3	,	,	PUNCT
gujaf-41	291	4	operating	operating	NOUN
gujaf-41	291	5	performance	performance	NOUN
gujaf-41	291	6	and	and	CCONJ
gujaf-41	291	7	corporate	corporate	ADJ
gujaf-41	291	8	value	value	NOUN
gujaf-41	291	9	:	:	PUNCT
gujaf-41	291	10	evidence	evidence	NOUN
gujaf-41	291	11	from	from	ADP
gujaf-41	291	12	japan	japan	PROPN
gujaf-41	291	13	and	and	CCONJ
gujaf-41	291	14	taiwan	taiwan	PROPN
gujaf-41	291	15	.	.	PUNCT
gujaf-41	292	1	journal	journal	PROPN
gujaf-41	292	2	of	of	ADP
gujaf-41	292	3	multinational	multinational	ADJ
gujaf-41	292	4	financial	financial	ADJ
gujaf-41	292	5	mangement.12(2	mangement.12(2	NOUN
gujaf-41	292	6	)	)	PUNCT
gujaf-41	292	7	,	,	PUNCT
gujaf-41	292	8	159	159	NUM
gujaf-41	292	9	-	-	SYM
gujaf-41	292	10	169	169	NUM
gujaf-41	292	11	.	.	PUNCT
gujaf-41	293	1	zainab	zainab	PROPN
gujaf-41	293	2	r.	r.	PROPN
gujaf-41	293	3	&	&	CCONJ
gujaf-41	293	4	helen	helen	PROPN
gujaf-41	293	5	a.	a.	PROPN
gujaf-41	293	6	,	,	PUNCT
gujaf-41	293	7	amuche	amuche	PROPN
gujaf-41	293	8	p.	p.	NOUN
gujaf-41	293	9	,	,	PUNCT
gujaf-41	293	10	(	(	PUNCT
gujaf-41	293	11	2020	2020	NUM
gujaf-41	293	12	)	)	PUNCT
gujaf-41	293	13	assessment	assessment	NOUN
gujaf-41	293	14	of	of	ADP
gujaf-41	293	15	working	work	VERB
gujaf-41	293	16	capital	capital	NOUN
gujaf-41	293	17	management	management	NOUN
gujaf-41	293	18	on	on	ADP
gujaf-41	293	19	profitability	profitability	NOUN
gujaf-41	293	20	of	of	ADP
gujaf-41	293	21	listed	list	VERB
gujaf-41	293	22	manufacturing	manufacturing	NOUN
gujaf-41	293	23	firms	firm	NOUN
gujaf-41	293	24	in	in	ADP
gujaf-41	293	25	nigeria	nigeria	PROPN
gujaf-41	293	26	.	.	PUNCT
gujaf-41	294	1	ilorin	ilorin	PROPN
gujaf-41	294	2	journal	journal	PROPN
gujaf-41	294	3	of	of	ADP
gujaf-41	294	4	human	human	ADJ
gujaf-41	294	5	resource	resource	NOUN
gujaf-41	294	6	management	management	NOUN
gujaf-41	294	7	(	(	PUNCT
gujaf-41	294	8	ijhrm	ijhrm	NOUN
gujaf-41	294	9	)	)	PUNCT
gujaf-41	294	10	vol.4	vol.4	PROPN
gujaf-41	294	11	,	,	PUNCT
gujaf-41	294	12	no.1	no.1	NUM
gujaf-41	294	13	,	,	PUNCT
gujaf-41	294	14	2020	2020	NUM
gujaf-41	294	15	.	.	PUNCT