P 5-4 The Kelly Services, Inc., and Subsidiaries statements of earnings from its 2010 annual report are presented in Exhibit 5-4. Required a. Using the statements of earnings, prepare a vertical common-size analysis for 2010, 2009, and 2008. Use revenues as the base. b. Using the statements of earnings, prepare a horizontal common-size analysis for 2010, 2009, and 2008. Use 2008 as the base. c. Comment on significant trends that appear in (a) and (b). P 5-5 Change Analysis Item Year 1 Year 2 Amount Percent 3,000 6,000 (4,000) (7,000) 4,000 4,000 8,000 10,000 Required Determine the absolute change and the percentage for these items. P 5-6 Change Analysis Item Year 1 Year 2 Amount Percent 4,000 5,000 (3,000) (9,000) 2,000 7,000 15,000 Required Determine the absolute change and the percentage for these items. P 5-4 The Kelly Services, Inc., and Subsidiaries statements of earnings from its 2010 annual report are presented in Exhibit 5-4. Required a. Using the statements of earnings, prepare a vertical common-size analysis for 2010, 2009, and 2008. Use revenues as the base. b. Using the statements of earnings, prepare a horizontal common-size analysis for 2010, 2009, and 2008. Use 2008 as the base. c. Comment on significant trends that appear in (a) and (b). P 5-5 Change Analysis Item Year 1 Year 2 Amount Percent 3,000 6,000 (4,000) (7,000) 4,000 4,000 8,000 10,000 Required Determine the absolute change and the percentage for these items. P 5-6 Change Analysis Item Year 1 Year 2 Amount Percent 4,000 5,000 (3,000) (9,000) 2,000 7,000 15,000 Required Determine the absolute change and the percentage for these items