Required:$($a$)$ Calculate $($to $2$ decimal places$)$ the following ratios for both years of Loki Industrial Limited:i$111)$iv$($V$)($vi$)($vii$)$gross profit margin; net profit margin; current ratio;quick ratio;inventory turnover $($in days$)($based on average inventory$)$; trade payables payment period $($in days$)$; and trade receivables collection period $($in days$).$Note: Show the Formula in the calculation.$(28$ marks$)$bBased on the ratios calculated in part $($a$),$ comment on the relative performance of Loki Industrial Limited for $2023$ in the following areas:$($iii$)$profitability; liquidity; andoperational efficiency of inventory turnover.$(16$ marks$)($c$)$ 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.$(6$ marks$)$