Question 2 'Electric Game Ple' is an energy company, providing energy throughout the West Midlands. During the year ended 31 March 2021, Electric Game acquired all the operations of Squid energy together with all their customers as the company went into Administration. Below are the income statements, extracts from the statements of financial position and extracts from the notes to the financial statements for Electric Game pic for the financial years ended 31 March 2022 and 31 March 2021 Revenue Cost of sales Gross profit Administration expenses Operating profit Finance income Finance expense Profit before tax Income tax Profit for the year Non-current assets Employees average during the year Number of subscribers (millions) 2022 Em 3,462 2,570 892 201 691 1 100 590 42 548 2,400 2022 Number 406 862 2021 m 2,394 1,591 803 264 539 1 84 454 32 422 1,640 2021 Number 254 556 1. Calculate the following ratios for 2022 and 2021 for Electric Game ple a Gross profit percentage b. Operating profit percentage c. Profit before tax percentage d. Profit after tax percentage e Non-current asset turnover 1. Revenue per employee g. Operating profit per employee h. Any other ratios you consider to be relevant to an assessment of the profitability of Electric Game ple 2. Evaluate the changes in profitability for 'Electric Game ple between 2021 and 2022, analysing reasons for the changes in profitability in 2022