Required:(a) Calculate (to 2 decimal places) the following ratios for both years of Loki Industrial...
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Accounting
Required:a Calculate to decimal places the following ratios for both years of Loki Industrial Limited:iivVviviigross profit margin; net profit margin; current ratio;quick ratio;inventory turnover in daysbased on average inventory; trade payables payment period in days; and trade receivables collection period in daysNote: Show the Formula in the calculation. marksbBased on the ratios calculated in part a comment on the relative performance of Loki Industrial Limited for in the following areas:iiiprofitability; liquidity; andoperational efficiency of inventory turnover. marksc Investors and lenders are users of the accounting information of Loki Industrial Limited.Briefly explain why both the mentioned parties need the accounting information of the company. marks
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