Justify why different perspectives of organisations’ roles within society will in turn influence the types of ‘accounts’ we would expect an organization to produce.

Financial Report Analysis and Sustainability.

Follow the Instructions in the file attached.

2200 words

Requirements: 2200 words as per instructions

RMIT Classification: Trusted Accounting in Organisations & Society Assessment 3 Financial Report, Analysis and Sustainability Individual Case Report – 40%

RMIT Classification: Trusted Course Learning Outcomes (CLOs) This assessment corresponds to the following Course Learning Outcomes (CLOs): CLO 1 Justify why different perspectives of organisations’ roles within society will in turn influence the types of ‘accounts’ we would expect an organization to produce. CLO 3 -Identify and justify various approaches to measuring an organisation’s performance, including financial performance, social performance, and environmental performance. CLO 4 – Interpret and analyze a range of approaches to providing accountability, including measuring the performance of an organization inclusive of financial performance, social performance, and environmental performance. CLO 5 – Analyze case studies to identify instances that justify accounting is both a technical and social practice in a changing and interconnected world. CLO 6 – Application of technical skills to analyse big data and provide visualisations to evaluate implications for practice. Ready for Life and Work This assignment is designed for you to demonstrate your analytical skills while applying your knowledge of General Purpose Financial reports to real-life scenarios. This is a good opportunity for you to experience how different stakeholders use financial information and ratios to evaluate the financial health of businesses in the business world. In doing so, you will be connected once again to the world of accounting practice and enhance your understanding of financial and non-financial reports.

RMIT Classification: Trusted Instruction Please use this link to access Woolworths Group’s annual reports for three years (2021, 2022, and 2023). Using information from the annual report and other reliable sources to address the following questions. Task I: Company overview Within 200 words provide an overview of Woolworths Group, including the principal activities of the Group and the accounting period. Task 2: Understanding and evaluating financial statements and annual report 1. From the given Annual Reports of the company, and using the formulas provided, calculate, and complete the ratio table A1 below. 2. Analyze the ‘profitability’, and “efficiency” of the company for the relevant years. Consider industry averages when formulating your analysis. 3. If you were contemplating an investment in this company, identify other non-financial information including sustainability factors that would assist your investment decision and explain why this information is essential to you. 4. Who were the independent auditors for Woolworths in their 2023 annual report and what opinion did they provide on the financial statements? As a shareholder of Woolworths, how important is the auditor’s report to you?

RMIT Classification: Trusted Table A1. Ratio table for Woolworths Group Industry Median 2021 2022 2023 Gross Margin 28.7% 29.3% 26.2% ? EBITDA Margin 5.2% 9.6% 7.7% 8.6% Operating Margin 2.7% 5.1% 4.4% 4.7% Net Margin 1.6% 2.9% 2.6% 2.5% Asset Turnover 1.34 1.43 1.68 ? ROA 2.8% 4.1% 4.3% ? ROE 8.7% 31.7% 42.3% 26.3% Quick Ratio 0.72 0.55 0.23 ? Current Ratio 1.07 0.68 0.57 ? Times Interest Earned 4.2 4.4 3.8 4.3 Debt to assets ratio 1.09 0.96 0.82 ? Account receivables (A/R) turnover: 35.3 108.4 91.1 68.7 Average A/R Days 10.3 3.4 4.0 ? Inventory (Inv) turnover 9.0 10.4 13.3 ? Average. Inventory Days 40.8 35.0 27.3 ? Avg. A/P Days 60.4 49.4 40.9 ?

RMIT Classification: Trusted Formula table Net profit Profit for the period from continuing operations Gross Margin Gross profit/total revenue x 100 EBITDA Margin Normalized EBITDA/total revenue x 100 Operating Margin Operating income /total revenue x 100 Net profit margin Net profit/ total revenuex100 Asset Turnover Total revenue/Average total asset Return on assets (ROA): Net profit/average total assetx100 Return on Equity (ROE): Net profit/average total equityx100 Quick ratio: (Total Current Assets – Total Inventory)/Total Current Liabilities Current ratio: Total Current Assets/Total Current Liabilities Interest coverage ratio: Operating income/net interest expense Debt to assets ratio: Total liabilities/total assets Account receivables (A/R) turnover: Total revenue/Average total current trade and other receivables Average A/R Days 365/ Account receivables (A/R) turnover Inventory (Inv) turnover Cost of revenue/Average total inventory Average Inventory Days 365/ Inventory turnover Average Account payables (A/P) Days Average Account payable/(Cost of sales/365)

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.