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, Golden Gate 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) KANSAS PIZZA PANTRY, INC AND SUBSIDIARIES Consolidated Balance Sheets in thousands, except for share data) Ner Year 1 ear Assets Current assets venues Restaurant sales Royalties from licensing agreement Domestic franchise revenues International franchise revenues $ 637.606 $653,585 $665,616 6.580 2,757 4.503_ 466677074 S 2,288 S 27,864 Cash and cash equivalents Other receivables Inventories Current deferred tax asset, net 15.094 Total revenues sts and expenses Food, beverage and paper supplies 8,476 7,757 epaid 151,532 237,833 143,820 156.981 248.750 165,526 247.276 Other prepaid expenses Total current assets Property and equipment, net Noncurrent deferred tax asset, net 173 Direct operating and occupancy 143 373 140 244,246258,216 5.414 S 326.072 372,798 533,185 549,104 553,169 Cost of sales General and administrative Depreciation and amortization Pre-opening costs Loss on impai Store closure costs Litigation, settlement and other costs 51.491 40,601 Other intangibles, net Other assets 5,537 9713 4,478 1,033 9,1798664 693 19.402 Total assets Liabilities and stockholders' equity Current liabilities Total costs and expenses 669.878 Accounts payable S 18,755 12,663 Operating (loss)/income 25,093 an Accrued rent Deferred rent credits Other accrued liabilities Gift card liability Store closure reserve 22,087 5.145 13.715 Interest expense, net (LossVincome before income tax (benefit) provision 6.413) Income tax (benefit provision Net (loss income Net lossincome per common share 15,417 396 101,901 00,647 Total current liabilities 51016 019034Long-term debt asic Diluted Other liabilities Deferred rent credits, net of current portion Income taxes payable, net of current portion Commitments and contingencies 10,528 33,878 Weighted average shares used in calculating net (loss income per common share 34,577 25 464 Diluted Common stock $0.01 par value, 80,140,000 shares authorized, 31,600,000 and 31,200,000 shares issued and outstanding at end of Year 3, and Year 2, respectively Additional paid-in capital Retained earnings 175.400 179081 192,120 $326.072 $ 372.798 Total stockholders' equity Total liabilities and stockholders' equity 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 $1.84. (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.) on b. Net profit margin C. Inventory turnover Current ratio f. Debt-to-equity ratio g. Pricelearnings ratio