Below is a summarised financial statements for Jones Limited for the Y/E 31/12/16.

Jones Limited
Statement of Comprehensive Income for the year ended 31st December:
	2016	2015
	$	$
Turnover	320,000	245,000
Cost of sales	235,000	189,000
Gross profit	85,000	56,000
Operating expenses	23,000	18,000
Operating profit	62,000	38,000
Tax	21,700	13,300
	40,300	24,700
Preference share dividend	8,700	8,700
Ordinary share dividend	12,100	11,500
	19,500	4,500

		Statement of Financial Position as at 31 December:
				2016		2015
				GHC		GHC
Assets
Noncurrent assets				192,500		185,600
Current assets
Inventory			23,600		17,800
Receivables			45,200		40,000
Cash			23,000		15,900
Bank			15,200	107,000	18,500	92,200
Total assets				299,500		277,800
Equity and liabilities
Equity
Stated capital			153,800		153,800
Income surplus			61,500	215,300	42,000	195,800
Noncurrent liabilities
8% Debenture				7,600		9,800
Current liabilities
Trade payable			30,800		32,000
Tax liability			25,000		20,000
Dividend proposed			20,800	76,600	20,200	72,200
Total equity and liabilities				299,500		277,800

All purchases and sales were made on credit.

You are required to:

1. Inventory turnover period (in days)
2. Receivable collection period (in days)
3. Payable collection period (in days)
4. Dividend cover