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	$	628,797			$	653,185			$	666,616
	Royalties from licensing agreement		7,322				8,739				6,880
	Domestic franchise revenues		5,300				3,184				3,257
	International franchise revenues		3,903				2,278				3,121
	Total revenues		645,322				667,386				679,874
	Costs and expenses:
	Food, beverage and paper supplies		150,732				156,181				166,026
	Labor		237,633				248,350				247,776
	Direct operating and occupancy		143,420				142,973				140,867
	Cost of sales		531,785				547,504				554,669
	General and administrative		50,931				47,841				52,142
	Depreciation and amortization		37,306				40,481				40,799
	Pre-opening costs		3,469				1,943				4,978
	Loss on impairment of property and equipment		19,202				23,941				13,836
	Store closure costs		1,808				589				1,533
	Litigation, settlement and other costs		9,059				1,709				1,236
	Total costs and expenses		653,560				664,008				669,193
	Operating (loss)/income		(8,238	)			3,378				12,881
	Interest expense, net		(36	)			(778)				(1,624
	(Loss)/income before income tax (benefit)/provision		(8,274	)			2,600				11,257
	Income tax (benefit)/provision		(4,639	)			(2,191)				2,895
	Net (loss)/income	$	(3,635	)		$	4,791			$	8,362
	Net (loss)/income per common share:
	Basic	$	(0.12	)		$	0.19			$	0.34
	Diluted	$	(0.12	)		$	0.19			$	0.34
	Weighted average shares used in calculating net (loss)/income per common share:
	Basic		24,988				25,064				25,693
	Diluted		24,988				24,643				25,711

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	$	6,471			$	26,024
	Other receivables		14,094				13,541
	Inventories		7,027				7,557
	Current deferred tax asset, net		9,125				8,076
	Prepaid rent		381				6,957
	Other prepaid expenses		3,118				2,531
	Total current assets		40,216				64,686
	Property and equipment, net		243,446				257,416
	Noncurrent deferred tax asset, net		23,101				26,011
	Goodwill		4,822				5,122
	Other intangibles, net		5,337				5,214
	Other assets		9,313				7,909
	Total assets	$	326,235			$	366,358
	Liabilities and stockholders equity
	Current liabilities:
	Accounts payable	$	18,275			$	12,263
	Accrued compensation and benefits		24,573				24,201
	Accrued rent		21,924				21,287
	Deferred rent credits		4,658				4,745
	Other accrued liabilities		14,690				12,915
	Gift card liability		15,177				21,640
	Store closure reserve		104				376
	Total current liabilities		99,401				97,427
	Long-term debt		---				23,300
	Other liabilities		10,086				9,728
	Deferred rent credits, net of current portion		34,177				33,478
	Income taxes payable, net of current portion		339				11,125
	Commitments and contingencies		-				-
	Stockholders equity:
	Common stock$0.01 par value, 80,100,000 shares authorized, 29,600,000 and 29,200,000 shares issued and outstanding at end of Year 3, and Year 2, respectively		296				292
	Additional paid-in capital		169,563				175,000
	Retained earnings		12,373				16,008
	Total stockholders equity		182,232				191,300
	Total liabilities and stockholders equity	$	326,235			$	366,358

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 $1.47. (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. % b. Return on equity Net profit margin Inventory turnover % C. d. Current ratio e. Quick ratio f. Debt-to-equity ratio Pricelearnings ratio g