Keynotes provides the following information for January and February 2021:

	January	February
	$000	$000
Credit sales	840	880
Cash sales	120	150
Cost of sales	560	620
Credit purchases	520	550
Trade Receivables	180	196
Trade Payables	162	170
Inventory at end of	140	70

Required

Calculate for February 2021:

1. The average settlement period for accounts receivable
2. The average settlement period for trade payables
3. The average inventory turnover period
4. The operating cycle