You are the accountant at MYB Group Accountants & Investment Advisors. You have been approached by the group of investors for your professional advice on investing in Woolworths Ltd. Your client wants to adopt an investment strategy which seeks to maximise both financial return and social good.
Required:
Go to:
https://www.woolworthslimited.com.au/annualreport/2012/
and access the company’s annual report for 2012
Prepare a report for your client. Your report should include:
a) A explanation of core business of the company including full details of its operating activities.
b) A discussion on any important issues emerging from the Chairman’s Report.
c) A discussion on any important issues emerging fromthe Managing Directors’Report
d) A discussion on company’s Corporate Governance Statement.
e) A calculation of the key financial ratios for 2012.
f) An overall assessment of the company and your recommendation on investing in the company.
In making an overall assessment, you may conduct additional research on Woolworths too. For example, https://www.news.com.au/business/woolworths-betting-on-booze-profits-as-it-looks-to-expand-hotel-empire/story-e6frfm1i-1226223987450