Calculate the length of unilate’s cash conversion cycle

Reference no: EM131394308

Refer to Table 14.1, which shows the balance sheets for Unilate Textiles on three different dates. Assume all sales and all purchases are made on credit. Calculate the length of Unilate's cash conversion cycle on September 30, 2015 and December 31, 2015.

Table 14.1

Reference no: EM131394308

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