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Consider that you are an analyst who is responsible for issuing an investment recommendation for Woolworths at year-end 2017. To do that you plan to
Consider that you are an analyst who is responsible for issuing an investment recommendation for Woolworths at year-end 2017. To do that you plan to project operating income (OI) and net operating assets (NOA) for Woolworths for the next 6-7 years and then apply a ReOI valuation model. You have access to the detailed reformulated financial statements during 2012-2017, the profitability analysis during 2013-2017, and the segment analysis during 2012-2017. In the worksheet named 'Q3. Discussion' and in less than 300 words, explain how useful this historical data would be in helping you forecast Woolworths's OI and NOA for the next 6-7 years at year-end 2017. Explain which information is most useful and which information is least useful in helping you forecast
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