15 Points Suppose UV institutes a policy of granting a 1% discount for payment within fifteen days with the full amount due in forty-five days (1/15, net 45). Half the customers take the discount, the other half takes an average of sixty days to pay a What would be the length of UV's collection cycle under this new policy? b. How much would the policy have cost UV in 2019? c. If this policy had been in effect during 2019, by how many days would the cash conversion cycle have been shortened? 15 Points Suppose UV institutes a policy of granting a 1% discount for payment within fifteen days with the full amount due in forty-five days (1/15, net 45). Half the customers take the discount, the other half takes an average of sixty days to pay a What would be the length of UV's collection cycle under this new policy? b. How much would the policy have cost UV in 2019? c. If this policy had been in effect during 2019, by how many days would the cash conversion cycle have been shortened