Reference no: EM13505605
Analyze the 2009 and 2008 financial statements of Staples, Inc. The 2009 financial statements can be found by going to either:
For Staples, Inc:
1. Answer the questions on the following pages.
2. Perform vertical analysis on the income statements and balance sheet information for fiscal periods 2009 and 2008. (Hint: The Excel format of the income statement and balance sheet can be downloaded from the Investor Information section of the Staples website. Select SEC Filings. Scroll back to March 2010 to find the 10K report. Select the Excel format.)
3. Perform horizontal analysis on the income statements and balance sheet information to show the dollar and percentage change between fiscal periods 2009 and 2008. Hint: The Excel format of the income statement and balance sheet can be downloaded from the Investor Information section of the Staples website. Select SEC Filings. Scroll back to March 2010 to find the 10K report. Select the Excel format.)
4. Compute a selection of financial ratios relevant for evaluating Staples' LIQUIDITY, SOLVENCY, PROFITABILITY and MARKET INDICATORS for fiscal 2009 and 2008. For some of the ratios you may need to access fiscal 2007 balance sheet numbers which can be found on the 2008 Annual Report. (Historical stock price information for the fiscal year ends can be found on the Staples website under Investor Information.) Show calculations.List the major sections of information included in the annual report.
List the names of all of the financial statements presented by the company.
What are the THREE sources of income/revenues in 2009?
What are the FOUR categories of operating expenses reported (include cost of goods sold)?
What were the reported causes of changes in Total Stockholder's Equity in 2009?
Which of the above affected Comprehensive Income in 2009?
How much of Staples' 2009 fiscal year end assets were financed by creditors?
How much of Staples' 2009 fiscal year end assets were financed by internally generated funds?
What are the two components of Contributed Capital? Briefly explain each.
Is Staples generating cash from operating activities? Investing activities? Financing activities? Briefly explain.
What event took place in 2008 that materially affected Staples' financial statements?