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Question 2 Before the Covid-19 pandemic Company W established a thriving clothing retailer. The company operated from a self-service store on the outskirts of the city and had few employees. The strategyr of the company was to offer a bargain clothes which were at least 20% cheaper than the market and offered a further 10% discount if customers spent more than 100. Explain how the key accounting ratios would have changed due to the Covid-19 pandemic including periodic lockdowns, social distancing, and wearing masks. 10 Marks The issued share capital of WICKED PLC consists of 1,000,000 ordinary shares with a nominal value of 50p each and 250,000 6% preference shares at 1 each. in the year to 31 March 2021, the company's profit after tax was 90,000. Dividends paid during the year comprised the preference dividend forthe year and an ordinary dividend of 55,000. The market share price of 31 March 2021 was 80p per share. Required: Calculate the following ratios for WICKED PLC and comment on its performance from an investor's perspective: I Earnings per share I Dividend cover I Dividend yield I Price Earnings Ratio 15 Marks