*Assume that average accounts receivable are the same as ending accounts receivable. **Assume that average inventory over the year was the same as ending inventory. ***Assume that average accounts payable are the same as ending accounts payable. a. Determine Hopewell's cash conversion cycle. Assume that there are 365 days per year. Do not round intermediate calculations. Round your answer to one decimal place. days b. Give an interpretation of the value computed in part a. The number of the cash conversion cycle denotes to what extent the time interval of the collection of cash receipts from product sales the time interval of the cash payments for the various resources used by the firm