Parta Sales Cost of sales Ordinary share capital Bank loans, repayable on 1 June 20234 Operating expenses Non-current assets Trade receivables Trade payables Cash and banke Inventory, at 31 December 20194 A Litmited B Litmited $'000 $'000 278,000 366,000 144,5604 204,960 150,000 150,000 84,000 90,000 83,400 95,1604 175,600 194,12044 23,2004 77,93044 32,3404 121,64044 52,5004 7,23044 16,4404 82,3604 The following data are extracted from the financial statements Note: A Limited and B Limited manufacture and sell similar goods in the same industry with a similar size and structure. Both companies buy and sell goods on credit. Required Calculate the following ratios for Both A Litmited and B Litmited for the year ended 31 December 2019 (Round off non-integers to two decimal places.) (1) Gross profit margin (ii) Net profit margin Current ratio; (iv) Quick ratio; and (v) Inventory turnover (in times) (using closing inventory] (B) Comment on the financial performance of both companies based on the profitability and liquidity ratios calculated in (a) above