Kansas Pizza Pantry opened its first restaurant in Lawrence, Kansas in 1985. Almost immediately after the first location opened, it expanded from Kansas Pizza Pantry to more than 250 locations in more than 30 states and 11 countries. Kansas Pizza Pantry completed an initial public offering in August 2000. Several years ago, Silver Capital completed the acquisition of Kansas Pizza Pantry and, as a result of the acquisition, the company's common stock is no longer publicly traded.

KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIES Consolidated Statements of Operations (amounts in thousands, except for per share data)
		Year 3				Year 2				Year 1
	Revenues:
	Restaurant sales	$	628,777			$	653,385			$	666,816
	Royalties from licensing agreement		7,562				8,939				6,940
	Domestic franchise revenues		5,740				3,284				3,357
	International franchise revenues		4,203				2,318				3,321
	Total revenues		646,282				667,926				680,434
	Costs and expenses:
	Food, beverage and paper supplies		151,132				156,581				166,126
	Labor		237,733				248,550				247,876
	Direct operating and occupancy		143,620				143,173				140,967
	Cost of sales		532,485				548,304				554,969
	General and administrative		50,971				47,251				52,242
	Depreciation and amortization		37,366				40,541				40,899
	Pre-opening costs		3,509				1,963				5,078
	Loss on impairment of property and equipment		19,302				24,141				13,936
	Store closure costs		1,828				599				1,633
	Litigation, settlement and other costs		9,119				1,729				1,336
	Total costs and expenses		654,580				664,528				670,093
	Operating (loss)/income		(8,298	)			3,398				12,981
	Interest expense, net		(40	)			(776)				(1,684
	(Loss)/income before income tax (benefit)/provision		(8,338	)			2,622				11,297
	Income tax (benefit)/provision		(4,399	)			(2,211)				2,995
	Net (loss)/income	$	(3,939	)		$	4,833			$	8,302
	Net (loss)/income per common share:
	Basic	$	(0.14	)		$	0.19			$	0.34
	Diluted	$	(0.14	)		$	0.19			$	0.34
	Weighted average shares used in calculating net (loss)/income per common share:
	Basic		25,088				25,264				25,793
	Diluted		25,088				24,743				25,811

KANSAS PIZZA PANTRY, INC., AND SUBSIDIARIES Consolidated Balance Sheets (in thousands, except for share data)
		Year 3				Year 2
	Assets
	Current assets:
	Cash and cash equivalents	$	3,861			$	26,944
	Other receivables		14,594				13,741
	Inventories		7,267				7,957
	Current deferred tax asset, net		9,305				8,276
	Prepaid rent		411				7,357
	Other prepaid expenses		3,238				2,631
	Total current assets		38,676				66,906
	Property and equipment, net		243,846				257,816
	Noncurrent deferred tax asset, net		23,301				26,211
	Goodwill		4,862				5,222
	Other intangibles, net		5,437				5,314
	Other assets		9,513				8,109
	Total assets	$	325,635			$	369,578
	Liabilities and stockholders equity
	Current liabilities:
	Accounts payable	$	18,515			$	12,463
	Accrued compensation and benefits		24,833				24,401
	Accrued rent		22,224				21,687
	Deferred rent credits		4,778				4,945
	Other accrued liabilities		14,890				13,315
	Gift card liability		15,297				21,840
	Store closure reserve		114				386
	Total current liabilities		100,651				99,037
	Long-term debt		---				23,500
	Other liabilities		10,126				10,128
	Deferred rent credits, net of current portion		34,377				33,678
	Income taxes payable, net of current portion		343				11,525
	Commitments and contingencies		-				-
	Stockholders equity:
	Common stock$0.01 par value, 80,120,000 shares authorized, 30,600,000 and 30,200,000 shares issued and outstanding at end of Year 3, and Year 2, respectively		306				302
	Additional paid-in capital		167,563				175,200
	Retained earnings		12,269				16,208
	Total stockholders equity		180,138				191,710
	Total liabilities and stockholders equity	$	325,635			$	369,578

Required: 1. Compute the following ratios for Year 3 using information from the company annual report that was issued before Kansas Pizza Pantry was acquired. Assume a market price per share of $1.61. (Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Negative amounts should be indicated by a minus sign.)

a. return on equity (%)

b. Net profit margin (%)

c. Inventory turnover

d. Current ratio

e. Quick ratio

f. Debt-to-equity ratio

g. Price/earnings ratio