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Based on the income Statement below answer the following question: What is the Net profit ratio for the year 2019? * for your answer round
Based on the income Statement below answer the following question: What is the Net profit ratio for the year 2019? * for your answer round to two decimals DO NOT use percentages, dollar signs nor commas. USE periods. i.e, (0.11) MY FACTORY INCORPORATED INCOME STATEMENT Fiscal Year 2019 2018 (In thousands of dollar) $2.284.911 $ 1.825.344 Revenues Costs and expenses: Cost of sales Labor expenses Other Rerating costs and carenses General and administrative expenses. Depreciation and amortization expens Impairment of assets Preopening costs Total costs and expenses Income from operations Interest expense Interest Income Other (expense income net Income before lates Income tax provision 583.008 637565 438,975 125142 93.545 2011 13.179 454.141 490 649 3.49.198 105 302 79.354 5.668 -18.489 -6.393 1.095 -300 211 -557 43.450 32 314 Net income
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