Question: Based on the Income Statement below answer the following question: What is the Operating Income ratio for the year 20192 * for your answer round
Based on the Income Statement below answer the following question: What is the Operating Income ratio for the year 20192 * for your answer round to two decimals DO NOT use percentages, dollar signs nor commas. USE periods. l.e., (0.11) MY FACTORY INCORPORATED INCOME STATEMENT Fiscal Year (In thousands of dollars) 2019 2018 Revenues $ 2.284 911 $ 1.825.344 454.141 Costs and expenses: Cost of sales Labor expenses Other Rating costs and expenses. General and administrative expenses Depreciation and amortization expen Impairment of assets Preopening costs Total costs and expenses Income from operations Interest expense Interest Income Other (expense) income, net 383.008 637 565 456 975 125.142 93.545 2.011 13.179 490,649 3.49.198 105 302 79.354 5.668 -6,393 -18.489 211 1.095 -300 357 Income before lates Income tax provision 43.450 32.314 Net income
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