CONSOLIDATED STATEMENTS OF EARNINGS Kelly Services, Inc. and Subsidiaries 2010 2009(1) 2008 (In millions of dollars except per share items) Revenue from services $4,950.3 $4,314.8 $5,517.3 Cost of services 4,155.8 3,613.1 4,539.7 Gross profit 794.5 701.7 977.6 Selling, general and administrative expenses 754.4 794.7 967.4 Asset impairments 2.0 53.1 80.5 Earnings (loss) from operations 38.1 (146.1) (70.3) Other expense, net (5.4) (2.2) (3.4) Earnings (loss) from continuing operations before taxes 32.7 (148.3) (73.7) Income taxes 6.6 (43.2) 8.0 Earnings (loss) from continuing operations 26.1 (105.1) (81.7) Earnings (loss) from discontinued operations, net of tax 0.6 (0.5) Net earnings (loss) $ 26.1 $ (104.5) $ (82.2) Basic earnings (loss) per share Earnings (loss) from continuing operations $ 0.71 $ (3.01) $ (2.35) Earnings (loss) from discontinued operations 0.02 (0.02) Net earnings (loss) $ 0.71 $ (3.00) $ (2.37) Diluted (loss) earnings per share Earnings (loss) from continuing operations $ 0.71 $ (3.01) $ (2.35) Earnings (loss) from discontinued operations 0.02 (0.02) Net (loss) earnings $ 0.71 $ (3.00) $ (2.37) Dividends per share $ $ $ 0.54 Average shares outstanding (millions): Basic 36.1 34.9 34.8 Diluted 36.1 34.9 34. he Kelly Services, Inc., and Subsidiaries balance sheets from its 2010 annual report are presented in Exhibit 5-4.

Required a. Using the balance sheets, prepare a vertical common-size analysis for 2010 and 2009. Use total assets as a base.

b. Using the balance sheets, prepare a horizontal common-size analysis for 2010 and 2009. Use 2009 as the base.

c. Comment on significant trends that appear in (a) and (b). P 5-4 The Kelly Services, Inc., and Subsidiaries statements of earnings from its 2010 annual report are presented in Exhibit