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Please read through the 2019 Annual Report of Woolworths Ltd which is in the Final Assessment Folder and answer the following questions: In the Annual

Please read through the 2019 Annual Report of Woolworths Ltd which is in the Final Assessment Folder and answer the following questions:

  1. In the Annual Report, please identify Investment in Subsidiary account and comment if there are changes in the balances of year 2018 and 2019. Why or Why not? (4 marks)
  2. How many subsidiaries does Woolworths Group has? What are they? (2 marks)
  3. Does Woolworths has Non-controlling Interest? Justify your answer. (2 marks)
  4. What are the principles of consolidation of the company? (2 marks)

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