Compute the following ratios using information from the company annual report th

Question

Compute the following ratios using information from the company annual report that was issued before California Pizza Kitchen was acquired. (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. current ratio

b. quick ratio

c. profit margin

d. return on equity

e. inventory turnover

f. debt to equity

g. earning per share

Consolidated Statements of Operations
Years ended January 2, 2011, January 3, 2010, and December 28, 2008
(amounts in thousands, except for per share data) 2010 2009 2008 Revenues:     Restaurant sales $ 647,166 $ 668,265 $ 690,176     Royalties from licensing agreement 6,922 8,539 7,380     Domestic franchise revenues 4,140 3,724 3,797     International franchise revenues 2,643 2,318 2,361            Total revenues 660,871 682,846 703,714 Costs and expenses:     Food, beverage and paper supplies 151,212 156,661 168,006     Labor 242,973 249,990 249,916     Direct operating and occupancy 151,220 144,405 142,799        Cost of sales 545,405 551,056 560,721     General and administrative 54,331 54,391 55,242     Depreciation and amortization 39,486 42,661 42,779     Pre-opening costs 3,509 2,083 4,718     Loss on impairment of property and equipment 19,139 23,341 13,736     Store closure costs 1,964 795 1,289     Litigation, settlement and other costs 8,839 1,689 816           Total costs and expenses 672,673 676,016 679,301 Operating (loss)/income (11,802) 6,830 24,413     Interest expense, net (18) (1,028) (1,564)    (Loss)/income before income tax (benefit)/provision (11,820) 5,802 22,849     Income tax (benefit)/provision (7,702) (2,299) 5,027    Net (loss)/income $ (4,118) $ 8,101 $ 17,822    Net (loss)/income per common share:     Basic $ (0.16) $ 0.31 $ 0.45        Diluted $ (0.16) $ 0.31 $ 0.45    Weighted average shares used in
calculating net (loss)/income per common share:     Basic 24.728 24.304 25.433        Diluted 24.728 24.383 25.451   

Explanation / Answer

Compute the following ratios using information from the company annual report th

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