Apple Inc. has been taken for analysis and its recent financial year statement

Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company.Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:•What are the company’s total assets at the end of its most recent annual reporting period? Why is this important?•What are the total assets at the end of the previous annual reporting period?•How much cash and cash equivalents did the company have at the end of its most recent annual reporting period?•What amount of accounts payable did the company have at the end of its most recent annual reporting period?•What amount of accounts payable did the company have at the end of the previous annual reporting period?•What are the company’s net revenues for the last three annual reporting periods?•What is the change in dollars in the company’s net income from its most recent annual reporting period to the previous annual reporting period?•What are the company’s total current assets at the end of its most recent annual reporting period?•What are the total current assets at the end of the previous annual reporting period?•What in the information above would be important to a potential investor, employee, and so on?Summarize the analysis in a 700- to 1,050-word paper in a Microsoft® Word document.Include a copy of the company’s balance sheet and income statement.Then a part 2 for the same companyAccess the Internet to acquire a copy of the most recent annual report for the publicly traded company used to complete the Financial Reporting Problem, Part 1 assignment due in Week Six.Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:•Are the assets included under the company’s current assets listed in the proper order? Explain your answer.•How are the company’s assets classified?•What are cash equivalents?•What are the company’s total current liabilities at the end of its most recent annual reporting period?•What are the company’s total current liabilities at the end of the previous annual reporting period?•Considering all the information you have gathered, why might this information be important to potential creditors, investors, and employees?Summarize the analysis in a 700- to 1,050-word paper in a Microsoft® Word document.