Based on the Income Statement below answer the following question: What is the gross profit ratio for the year 2019? * for your answer round to two decimals DO NOT use percentages, dollar signs nor commas. USE periods, le, (0.11) MY FACTORY INCORPORATED INCOME STATEMENT (In thousands of dollars) Fiscal Year 2018 2019 Revenues $ 2.284 911 5 1.825.344 583.008 637565 456.225 125.142 93.545 2011 454 141 490.619 349.198 105 302 19.354 13.179 5.668 Costs and expenses Cost of sales Labor expenses Other station.costs and screen General and administrative expenses Depreciation and amortization expens Impairment of assets Preopening costs Total costs and espentes Income from operations Interest expense Interest Income Other (espense) income.net Income before Taxes Income as provision Net income 6393 18 489 211 1.095 300 43.450 32314