Choose a company and obtain its annual report. Annual reports are available in various forms including the original document in hard copy, a downloadable copy from the Internet, microfiche, and other computerized databases. Answer the following questions about the company. Concentrate on the current year in the annual report you select (or latest report available with you), except as directed for particular questions. 1. How much in cash (which may include cash equivalents) did the company have at the end of the current year? At the end of the preceding year? Did cash increase or decrease during the current year? By how much? 2. What were the total liabilities at the end of the current year? At the end of the preceding year? 3. Write the company's accounting equation at the end of the current year by filling in the Rupees amounts: Assets = Liabilities + Owners' Equity (for corporations, Assets = Liabilities + Shareholders' Equity) 4. Identify Net Sales or Revenue for the current year. The company may label this as Sales, Net Sales, Revenue, or another title. How much was the corresponding revenue for the preceding year? 5. How much net income or net loss did the company experience for the current year? For the preceding year? Compare the current year's operations with those of the preceding year. 6. Identify the possible reasons for difference in Income or profit.please need correct answer