The following information is given about MSP Ltd for the year ending Dec $312017.$

$$ Stock turnover period $=6$times

$$ Gross Profit Ratio $=20\%$ on sales

$$ sales for $2017=300,000$

$$ closing Stock $=10,000$ more than the opening Stock

$$ Opening Creditor $=20,000$

$$ Closing Creditors $=30,000$

$$ Trade debtor at the end $=60,000$

$$ Net working Capital $=50,000$

Calculate ;

$1.$ Average Stock

$2.$ Purchases

$3.$ Creditors turnover ratio

$4.$ Average Payment Period

$5.$ Average Collection Period

$6.$ Working Capital turnover ratio