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• BUACC 5930 • Accounting Concepts and Practices • Semester 2, 2013 • Group Assignment You are an accountant at MYB Group Accountants & Investment Advisors. You have been approached by a group of...

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• BUACC 5930 • Accounting Concepts and Practices • Semester 2, 2013 • Group Assignment You are an accountant at MYB Group Accountants & Investment Advisors. You have been approached by a group of investors for your professional advice on investing in Woolworths Ltd. Your client wishes to adopt an investment strategy that seeks to maximise both financial return and social good. Required: Go to: http://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 description of the core business of the company including full details of its operating activities. b. A discussion on any significant issues emerging from the Chairman’s Report. c. A discussion on any significant issues emerging from the Managing Directors’ Report d. A discussion on company’s Corporate Governance Statement. e. A calculation of the key financial ratios for XXXXXXXXXXf. 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, http://www.news.com.au/business/woolworths-betting-on-booze-profits-as-it-looks-to-expand-hotel-empire/story-e6frfm1i XXXXXXXXXX XXXXXXXXXXPlease note the following: • Format: Business report • Contribution to overall assessment: 20% • Length: 2000 – 2200 words • Due date: 25 September, 2013 • Your work must comply with the University’s General Guide for the Presentation of Academic Work. http://www.ballarat.edu.au/current-students/assistance,-support-and-services/academic-support/general-guide-for-the-presentation-of-academic-work • This is a group-assignment. Each group needs to have 2 to 3 members in it. Please organise yourselves into groups. • Please make sure that names and ID numbers of all group members are stated on the cover sheet of your submission. As this is a group assignment, each member of a group is awarded the same mark. Working in groups has its pros and cons. I am sure that you will hold constructive and energetic group discussions on the issues at hand. In case of any disagreements, you will be able to resolve them in a democratic and rational way. There will be times when you may have to agree to disagree with each other. Invariably different group members bring different skills to a project; it is up to you to make the best of it. I believe one can learn a lot by discussing the issues with one’s colleagues. If you happen to find your group members are “not pulling their weight” or there are problems with any member’s commitment, then please try to resolve those issues amongst yourselves. Open and honest communication always helps. If you are unable to resolve these issues, you are most welcome to see me and we will try to sort out the problems together. Do this as soon as possible and certainly before the due date. Please adapt this to suit your group, particularly the last two paragraphs. BUACC5930, Semester 2, 2013, Group Assignment Names: Student Numbers: XXXXXXXXXXBases of assessment HD XXXXXXXXXXP XXXXXXXXXXF Technical component: accuracy in calculations. Format: The IBCAR outline as per The General Guide for the Presentation of Academic Work. Content: Identification of relevant issues. Research: Selection of relevant material. A demonstration of critical evaluation of the issues. Expression: clarity, style (formal and academic), coherence in writing, grammar, punctuation, spellings and sentence structure. Expression of your view (and not a catalogue of quotes/ others’ ideas). A logical flow of argument at both the paragraph level and the overall text level. Use of supporting arguments. Use of literature to support the argument. Referencing procedure (within the text, and at the end of the text). Appropriately styled and punctuated bibliography. Overall Presentation – including cover page, line spacing, page numbering. GRADE:
Answered Same Day Dec 23, 2021

Solution

David answered on Dec 23 2021
114 Votes
Part A
Woolworths Limited primarily operated in the retailing business in Australia, New
Zealand, and India. The company operates 1,035 supermarkets under the
and names of
Woolworths and Safeway cu
ently in Australia, as well as Countdown
and in New Zealand;
11 supermarkets under the
and name of Thomas Dux in Australia; various liquor outlets under
the
and name of BWS and Dan Murphy’s; Woolworths/Safeway attached liquor outlets; along
with over 600 petrol canopies within Australia out of which 132 canopies are primarily co-
anded with the Woolworths/Caltex (Woolworths Annual Report, 2012). Woolworths Limited
also operated 175 BIG W general merchandise stores; 295 hotels, which also include bars,
gaming zones, dining restaurants, accommodation, as well as venue, hire operations; along with
22 hardware stores as well as 16 Masters stores.
The company also provides numerous buying, wholesale, supply chain, as well as general
consulting services to more than 77 stores that are operating under the Croma
and within India.
The company was incorporated in 1924 and is cu
ently based in Bella Vista, Australia
(Woolworths Key Statistics, 2013). The company trades at a cu
ent share price of $34.78 and
have...
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