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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)
		Year 3				Year 2				Year 1
	Revenues:
	Restaurant sales	$	633,606			$	652,785			$	665,616
	Royalties from licensing agreement		6,842				8,339				6,580
	Domestic franchise revenues		4,420				2,984				2,757
	International franchise revenues		3,303				2,198				2,121
	Total revenues		648,171				666,306				677,074
	Costs and expenses:
	Food, beverage and paper supplies		149,932				155,381				165,526
	Labor		237,433				247,950				247,276
	Direct operating and occupancy		143,020				142,573				140,367
	Cost of sales		530,385				545,904				553,169
	General and administrative		50,851				51,091				51,642
	Depreciation and amortization		37,186				40,361				40,299
	Pre-opening costs		3,389				1,903				4,478
	Loss on impairment of property and equipment		19,002				23,541				13,336
	Store closure costs		1,768				569				1,033
	Litigation, settlement and other costs		8,939				1,669				736
	Total costs and expenses		651,520				665,038				664,693
	Operating (loss)/income		(6,289	)			3,308				12,381
	Interest expense, net		(28	)			(782)				(1,324)
	(Loss)/income before income tax (benefit)/provision		(6,317	)			2,526				11,057
	Income tax (benefit)/provision		(5,119	)			(2,151)				2,395
	Net (loss)/income	$	(1,198	)		$	4,677			$	8,662
	Net (loss)/income per common share:
	Basic	$	(0.08	)		$	0.19			$	0.34
	Diluted	$	(0.08	)		$	0.19			$	0.34
	Weighted average shares used in calculating net (loss)/income per common share:
	Basic		24,788				24,664				25,193
	Diluted		24,788				24,443				25,211

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	$	13,112			$	24,184
	Other receivables		13,094				13,141
	Inventories		6,547				6,757
	Current deferred tax asset, net		8,765				7,676
	Prepaid rent		321				6,157
	Other prepaid expenses		2,878				2,331
	Total current assets		44,717				60,246
	Property and equipment, net		242,646				256,616
	Noncurrent deferred tax asset, net		22,701				25,611
	Goodwill		4,742				4,922
	Other intangibles, net		5,137				5,014
	Other assets		8,913				7,509
	Total assets	$	328,856			$	359,918
	Liabilities and stockholders equity
	Current liabilities:
	Accounts payable	$	17,795			$	11,863
	Accrued compensation and benefits		24,053				23,801
	Accrued rent		21,324				20,487
	Deferred rent credits		4,418				4,345
	Other accrued liabilities		14,290				12,115
	Gift card liability		14,937				21,240
	Store closure reserve		84				356
	Total current liabilities		96,901				94,207
	Long-term debt		---				22,900
	Other liabilities		10,006				8,928
	Deferred rent credits, net of current portion		33,777				33,078
	Income taxes payable, net of current portion		331				10,325
	Commitments and contingencies		-				-
	Stockholders equity:
	Common stock$0.01 par value, 80,060,000 shares authorized, 27,600,000 and 27,200,000 shares issued and outstanding at end of Year 3, and Year 2, respectively		276				272
	Additional paid-in capital		173,563				174,600
	Retained earnings		14,002				15,608
	Total stockholders equity		187,841				190,480
	Total liabilities and stockholders equity	$	328,856			$	359,918

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 $1.28. (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.)

Please show work so I can see how arrived at answer.

z.. 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

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