This project is designed to familiarize you with the Annual Report and Financial Statements of a company called Staples. The webpage of the company is always a good place to start when you are looking for information. If the stock is publicly traded it usually has a link for investors and sometimes you can find a link there to recent financial statements. Otherwise, Edgar is the place to find all the filings that a company has made with the SEC. This is the website address: http://www.sec.gov/edgar.shtml Follow these steps: 1. Search for company filings then, 2. Search information collected by the SEC by Company or fund name, ticker symbol, etc. 3. Company name Staples, Inc., Ticker Symbol SPLS 4. Go to the most recent Form 10-K, filed with the SEC for the fiscal year ended January 29, 2011 Please answer the questions in the following pages relating to the 10-K of Staples. A. What is the title of the Form 10-K document (just below the Form 10-K line)? B. What date was the 10-K filed with the SEC? C. What business is Staples?s in? D. What companies do they operate? E. Name four risks that the company faces. Go the financial statements: F. 1. What is Staples?s Financial Leverage Ratio for 2010 2. What does this ratio tell us about the amount of debt that is used by the company? G. 1. What is Staples?s Total Asset Turnover Ratio for 2010? 2. What does this ratio measure? 3. How would you go about determining whether this ratio reflects strong or weak performance for this company? H. 1. What is Staples?s Net Profit Margin for 2010, 2009, and 2008? 2010____________ 2009____________ 2008____________ 2. What does the Net Profit Margin measure? 3. How is Staples?s performance on this measure in 2010 relative to 2009 and 2008 (better or worse)? I. 1. What is Staples?s Return on Equity (ROE) for 2010? 2. What does ROE measure? 3. If you could take a look at another company?s ROE to compare to staples what company would you choose? Why? J. 1. What is Staples?s current ratio for 2010, 2009, 2008? 2010_____________ 2009_____________ 2008_____________ 2. What does this ratio measure? 3. How is Staples?s 2010 performance on this measure relative to 2009? K. 1. What are Staples?s basic earnings per common share for 2010, 2009, and 2008? 2010_____________ 2009_____________ 2008_____________ 2. Has there been a good or poor trend in this measure? Explain. L. 1. Who is the auditor for Staples?s in 2010? 2. What is the auditor?s opinion about the company?s 2010 consolidated financial statements? To whom the auditor?s report is addressed? Look in the Notes to the Financial Statements. M. What depreciation method does Staples?s use?

AF 210 Summer 2011 Financial Statement Analysis Project This project is designed to familiarize you with the Annual Report and Financial Statements of a company called Staples. The webpage of the company is always a good place to start when you are looking for information. If the stock is publicly traded it usually has a link for investors and sometimes you can find a link there to recent financial statements. Otherwise, Edgar is the place to find all the filings that a company has made with the SEC. This is the website address: http://www.sec.gov/edgar.shtml Follow these steps: 1. Search for company filings then, 2. Search information collected by the SEC by Company or fund name, ticker symbol, etc. 3. Company name Staples, Inc., Ticker Symbol SPLS 4. Go to the most recent Form 10-K, filed with the SEC for the fiscal year ended January 29, 2011 Please answer the questions in the following pages relating to the 10-K of Staples. 1 A. What is the title of the Form 10-K document (just below the Form 10-K line)? B. What date was the 10-K filed with the SEC? C. What business is Staples's in? D. What companies do they operate? E. Name four risks that the company faces. Go the financial statements: F. What does this ratio tell us about the amount of debt that is used by the company? 1. What is Staples's Total Asset Turnover Ratio for 2010? 2. What does this ratio measure? 3. H. What is Staples's Financial Leverage Ratio for 2010 2. G. 1. How would you go about determining whether this ratio reflects strong or weak performance for this company? What is Staples's Net Profit Margin for 2010, 2009, and 2008? 1. 2010____________ 2009____________ 2008____________ 2. 3. I. What does the Net Profit Margin measure? How is Staples's performance on this measure in 2010 relative to 2009 and 2008 (better or worse)? 1. What is Staples's Return on Equity (ROE) for 2010? 2. What does ROE measure? 2 3. If you could take a look at another company's ROE to compare to staples what company would you choose? Why? J. 1. What is Staples's current ratio for 2010, 2009, 2008? 2010_____________ 2009_____________ 2008_____________ 2. 3. K. What does this ratio measure? How is Staples's 2010 performance on this measure relative to 2009? 1. What are Staples's basic earnings per common share for 2010, 2009, 2008? and 2010_____________ 2009_____________ 2008_____________ 2. L. Has there been a good or poor trend in this measure? Explain. 1. Who is the auditor for Staples's in 2010? 2. What is the auditor's opinion about the company's 2010 consolidated financial statements? To whom the auditor's report is addressed? Look in the Notes to the Financial Statements. M. What depreciation method does Staples's use? Your order was successful. Order Number: #U2319849201 3 Please note that the charge will appear on your credit card statement as DRI*Specialized cust Reseller Information Billing Information Sold by: SWREG Inc. 9625 West 76th St Eden Prairie, MN 55344 US VAT Number: EU826011714 Federal Tax ID: 35-2308811 Name: Street: City: State/Province: Zip/Postal code: Country: Email: ANDREEA URSU 40 BUTLER RD AP 27 QUINCY MA 02169 United States andreea.ursu001@umb.edu Product Price Specialized custom written page - 6 hours 2400 Financial Statement Analysis of Staples from andreea US $50.95 Qty 3 Delivery Total Email US $152.85 delivery Total: US $152.85 Grand Total US $152.85 It is hereby certified that this invoice shows the actual price of the goods described, and that all particulars are true and correct to the best of our knowledge. These goods, technology or software http:/ewavessays.com/faq/ 4