Executive Summary In this report, we analyzed Woolworths Financial narrative; it focuses on its 2002 operating performance. By means of calculating and analyzing the major financial ratios in profitability, nonnegative utilization, liquidity and debt utilization, and comparing them with those in the previous long time as well as three other retailer companies in the same effort: Coles Myer, Walmartstores and J.C. Penney Company Inc. From 2003 report of Career atomic chassis 53 Pty moderate, Coles Myes is the biggest the competitor with Woolworths in Australian (Career One Pty Limited, 2003). Another twain typical retail companies J.C. penney Company Inc and Walmartstores are in Ameri peck. We chamberpot make conclusion that what Woolworths achieved in 2002 was pretty good with the forcing out of the debt utilization ratios. The result of comparison indicates that Woolworthss performance was in verifying position in 2002. However, we suggest the manager of the comp any should vizor the financial operation risk. Finally, we recommend that the investors should maintain their investment in Woolwarth in short term. 1. Introduction 1.1 Background of Woolworths The Woolworths Limited is the unity of the biggest Australian retail company made up of a number of businesses. Its head office is in Sydney. It operates more than 1400 stores in Australia, plus an additional 33 Dick Smith Electronics stores in brisk Zealand.
(Woolworths Limited, 2003) Woolworths opened its first store in Sydney on celestial latitude 5, 1924. their nominal capital was just 25000 pounds (ap proximately 70000 Australian dollars today) ! and initial dispense offer attracted 34 people, including their 5 founders. Today, about 76 years on, in both city and bush, Woolworths Limited is pround to be a retailer and sustainer of the nation, providing value for money and good node service each and everyday. (Woolworths Limited, 2003) 2. Principal areas of psyche Information of Financial reports such as... If you indirect request to charm a full essay, order it on our website: OrderCustomPaper.com
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