Issues Affecting Annual Reporting Select a corporation in the Fortune 500 category. Refer to the most recent Financial Statement Report of the corporation USE FOR THIS ASSIGNMENT APPLE, INC http://investor.apple.com/financials.cfm Discuss the primary objective of financial reporting. Explain the purpose and importance of financial analysis Calculate and use a comprehensive set of measurements to evaluate the companys performance under the following headings (a) How liquid is the firm? (b) Are the firms managers generating adequate operating profits on the companys assets? (c) How is the firm financing its assets? (d) Are the firms managers providing a good return on the capital provided by the stockholders? (e) Are the firms managers creating shareholder value? Describe the limitations of financial ratio analysis. ***********************Use APA standards in writing your paper****** Important cite all your references************************