n 2022, 'AutoFusion', a futuristic automotive company known for its electric vehicles, reported a purchase-to-sales ratio of 65%. This was a significant shift from the previous year's ratio (57%). As a purchasing analyst, you're tasked with understanding the implications of this ratio and shift. Consider also the following information: From 2021 to 2022, AutoFusion's revenues increased by 6%. The incidence of the cost of labor on the revenues was 15% in 2022 and 12.5% in 2021. One of AutoFusion's main competitors increased their revenues by 5% and the purchase-to-sales ratio by 13%