1. Reports must be typed, double spaced, in 12-point font.2. Pages are to be consecutively numbered.3. You must be able to provide a duplicate of your submission if requested. Always backup your work.4. Your assignment must be submitted by the due time and date in order not to incur a penalty. Please refer to the student handbook for further details.5. You must attach a completed and signed assignment coversheet. A downloadable coy is available on the Moodle site for this subject.6. Do not plagiarise your work. Plagiarism is the unacknowledged work of another person. Plagiarism can result in zero marks or possible expulsion from the university.7. Referencing style must follow the Harvard style. Style guides are available on the UOW library website.8. Whenever the Annual Report is cited you must provide a page reference to the Annual Report so that your work can be easily verified.Assignments may be penalised for failing to meet any of these requirements.Students must submit a hardcopy of their assignment to their lecturer by 5.30pm on Tuesday 18 October, 2016 ( Wollongong students may hand it in to their lecturer at the start of their 5.30 lecture in Week 9). A Turnitin report must accompany the assignment.Students will be informed by the individual lecturers in each campus if they can drop off hard copy of assignments in specific assessment submission drop-boxes during week 9.This assessment must also be submitted online via Moodle (using the Turnitin link on the subject website). Coversheets and appendices should not be included in the version submitted on Turnitin. It is advisable that you undertake you Turnitin submission prior to the deadline for the hardcopy submission.Please Note:Any assignment submitted after the deadline (for both Turnitin and hardcopy) will attract a penalty.Submitted assignments will be receipted by SOLSmail no later than 48 hours after the due date. If you do not receive acknowledgement of your submission of the assessment item in this time, contact the Subject Coordinator immediately.Assessment feedback and marks will be provided via SOLS within two weeks of submission (ie. within the study break) and a SOLS mail will be sent by the Sydney and Wollongong Lecturers to indicate office hours during which students can pick up their assignment.Recently Woolworths Limited has made news headlines due to poor financial results and hence it would be interesting to analyse the prior year financial information.Therefore using data in the 2015 Annual Report and Corporate Governance Report for Woolworths Limited (Woolworths) address the following:1. Provide a brief summary of the company. Include details such asindustry sector, primary activities, recent performance (300 wordsmaximum).2. Prepare a table that outlines details of the Board of Directors.Include items such as name, gender, age, education, career history,remuneration, and any other details you think are important orinteresting. Provide a brief summary of the characteristics of theBoard (1,000 words maximum).3. Woolworths follows the corporate governance recommendations of the Australian Stock Exchange (ASX) Corporate Governance Council(CGC) and has several policies in place to support its corporateconduct. The external audit function is discussed throughout theserecommendations.a. Outline the key recommendations of the ASX CGC in tableformat.b. Who is Woolworth's auditor?c. What amount of remuneration did the auditors receive fromWoolworths during the year?d. Briefly discuss the role of the external audit function and howthis may/may not be achieved (400 words maximum).4. Provide a financial statement analysis of Woolworths for 2015 in tableformat. Include the following ratios (show all workings):a. current ratio,b. Quick ratioc. inventory turnover,d. Accounts receivable turnovere. asset turnover,f. debt to equity,g. gross profit margin,h. profit margin,i. return on assets,j. return on equity.Based on your results, make a brief comment on the liquidity,efficiency, solvency, and profitability of Woolworths for 2015 (600 wordsmaximum).5. Analyse the distribution of Woolworth's shareholding and identify and major shareholders. If there are major shareholders, list who they are and discuss the significance of their ownership stake in Woolworths? (300 words maximum). If there are no major shareholders in Woolworths, you should just discuss, in general terms, the impact/significance of major shareholders. Please Note:Any assignment submitted after the deadline will attract a penalty.Submitted assignments will be receipted by SOLSmail no later than 48 hours after the due date. If you do not receive acknowledgement of your submission of the assessment item in this time, contact the Subject Coordinator immediately.